Karix Mobile Pvt Ltd

Karix Mobile Pvt Ltd specializes in delivering comprehensive communication solutions aimed at improving customer engagement through innovative messaging services, including SMS and voice capabilities. Karix Mobile Pvt Ltd is focused on providing communication solutions to enhance customer engagement. The company is headquartered in Mumbai, India. It underwent a significant change when Tanla Solutions Limited acquired it for INR 3400 million in April 2019, following an agreement in August 2018.

The deal required approval from shareholders and regulatory bodies. The founder's specific history and prior ventures are not publicly detailed. Karix offers a range of communication solutions that enhance customer engagement primarily through messaging services. Their product line includes SMS and voice services that facilitate seamless interactions between businesses and their customers.

These offerings cater to various needs, such as customer support, marketing communications, and transactional notifications. Karix serves a diverse clientele in different sectors, including finance, retail, and logistics, and its solutions are marketed across Southeast Asia, the Middle East, and parts of Africa to meet the growing demand for effective communication channels. In the most recent fiscal year, which ended in 2019, Karix reported a revenue of INR 126,079,463. 80 and an EBITDA of INR 3,518,775.

70. The company operates on a B2B revenue model, where clients subscribe to its messaging services to enhance customer engagement. Service agreements are customized to meet various messaging requirements, from bulk SMS to sophisticated API integrations, ensuring predictable revenue as businesses depend on Karix for essential communication. Karix Mobile Pvt Ltd aims to leverage its recent acquisition by Tanla Solutions to expand its product offerings and enter new markets.

Although specific new products and their launch dates have not been disclosed, the company plans to target additional geographic regions for expansion. The recent funding of INR 3,400 million will be utilized to support these initiatives, enhancing their capabilities in delivering communication solutions. The acquisition transaction was completed in April 2019.