Route Mobile (UK) listed as one of the Top 3 fastest-growing Indian companies in UK

10 May 2022 , 03:42 PM

Route Mobile (UK) Limited, a wholly owned subsidiary of Route Mobile Limited (“RML”) one of the leading CPaaS (Communication Platform as a Service) providers to enterprises, over-the-top (“OTT”) players, and mobile network operators, has been listed as one of the top 3 fastest growing Indian companies in the United Kingdom (“UK”) in the Grant Thornton ‘India meets Britain Tracker’ 2022 report

Route Mobile (UK) has consistently featured in the India meets Britain Tracker for three consecutive years. In the latest report, Route Mobile (UK) has moved into the top-3 list with a solid 98% growth rate. It is also the largest technology and telecom company on the list with revenues of £97 million.

Rajdipkumar Gupta, Managing Director and Group CEO, Route Mobile Limited said, “Despite disruptions caused by the pandemic, Route Mobile (UK) has consistently featured as a fast-growing Indian company in the UK. Cloud communications has global potential and we are committed to be at the forefront with robust, innovative offerings. This recognition boosts morale and firms our resolve to continue to outperform, work closely with our partners to meet their expectations and provide the best consumer experience.”

The 2022 research identified 900 Indian companies operating in the UK, up from 850 in 2021, with combined revenues of £54.4 billion, up from £50.8 billion in 2021. The increase in the number of companies and number of people employed is remarkable despite disruptions caused by the Covid-19 pandemic. The Technology and Telecom sector continues to be the largest group for the ninth year in a row, accounting for 35% of the companies listed by the tracker.

The annual India meets Britain Tracker is a collaboration with the Confederation of Indian Industry (CII), which lists the fastest-growing Indian companies with a significant base in the UK with a turnover of over £5 million, YoY revenue growth of at least 10% and a minimum two-year track record in the UK.

The India meets Britain Tracker 2022 is a compilation of 900 UK-incorporated limited companies that are owned directly or indirectly, or controlled, by either Indian-incorporated parent or an Indian citizen resident outside the UK.

Route Mobile ended at Rs1,435.80 apiece down by Rs42.5 or 2.87% on the BSE.