Tanla Solutions Acquires Karix Mobile For Rs 340 Crore
Tanla Solutions Limited, one of the largest cloud communication providers in the world, announced a definitive agreement to acquire Karix Mobile Private Limited and its affiliate, a leading mobile engagement and communication provider from GSO at an enterprise value of INR 340 Crore. This acquisition accelerates Tanla’s growth strategy and deepens its enterprise reach.
Globally, Enterprises increasingly rely on cloud communication services as part of their digital transformation strategy. This acquisition will be instrumental in strengthening Tanla’s position as a leading Cloud communication services provider.
Mumbai-based Karix Mobile Private Limited is a leading business cloud communications provider with reach to over 1,500 enterprise clients in various industries across the country. With this transaction, the combined company will be one of India’s leading enterprise cloud communications providers with marquee customers in banking, insurance, automotive, DTH, retail, consumer products, e-commerce, m-commerce, and the government.
This strategic acquisition leverages Tanla’s strong telecom carrier partnerships and Karix’s enterprise selling expertise to build a rationalized yet comprehensive solutions portfolio that can quickly generate revenues & reduce go-to-market timelines.
Tanla is excited to be partnering with GSO as we continue to grow the company.
Both Tanla and Karix will synergize to upsell & cross-sell offerings to enterprises and mobile carriers.