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Looking for acquisition in next 2 quarters; key focus on tech space, says Route Mobile

Updated : October 29, 2020 02:40 PM IST

Cloud communication provider Route Mobile reported strong Q2 results towards the end of trade on Wednesday.

In an interview with CNBC-TV18, Rajdip Kumar Gupta, MD, Group CEO & promoter of the company said, "Our key focus is going to be technology in the coming years and we are looking out for acquisition as well. The acquisition will be in the space of AI Chabot, marketing automation along with virtual contact centers."

“We have identified certain companies and are in talks with them. Probably we will acquire the company within two quarters,” he added.

"The company is looking to grow by 25-30 percent in the second half of FY21 and also expect an improvement in margins going ahead," added Gupta.

“Some of the contracts and the pipeline that we have, it will definitely help us increase our revenues and margins” he further said.

According to him, the second half of the year is typically 55 percent of annual revenues.

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