Hot Pursuit     27-Feb-24
Route Mobile joins hands with Billeasy for transforming metro ticketing at Maha Metro Pune
Route Mobile said that it has partnered with Billeasy E Solutions (Billeasy) for introducing rich communication services-based (RCS) business messaging for enhancing metro ticket purchasing process at Maha Metro Pune.

Through this strategic partnership, users will have the convenience of purchasing Maha Metro Pune e-tickets directly via RCS Messages on android phones. In cases where handsets do not support RCS, the user journey seamlessly transitions to other Over-The-Top (OTT) channels, ensuring uninterrupted service.

Currently undergoing a customer user group (CUG) testing, metro staff stationed at select Maha Metro Pune stations will facilitate the RCS ticket purchase journey by sharing QR codes with commuters. This proactive approach enhances accessibility and ensures a smooth transition to the new ticketing system for Pune Metro users.

Rajdipkumar Gupta, managing director & group CEO, Route Mobile, said: “Metro ticketing through RCS Business Messaging will transform the way customers commute daily. This is a first of it’s kind ticketing solution developed and deployed on RCS messaging. Billeasy is a natural partner to us as they are continuously innovating and deploying digital solutions.”

RCS is an industry accepted rich messaging standard, developed by Google. It elevates the user experience from simple text messaging to rich messaging by adding person-to-person chat capabilities like sharing media, documents, emojis and enabling conversational commerce between enterprises and users.

Route Mobile offers omnichannel communication solutions to its customers, including notably automated SMS or WhatsApp notifications for order updates, appointment reminders and promotions, as well as voice-based and email solutions. Route Mobile also offers AI based firewall analytics solutions to mobile network operators across the globe. It serves more than 3,000 customers worldwide (enterprises, OTTs and mobile operators).

The company's consolidated net profit jumped 28.26% to Rs 105.74 crore in Q3 FY24 from Rs 82.44 crore in Q3 FY23. Net sales increased by 3.91% year on year to Rs 1,024.31 crore in Q1 FY24.

The scrip shed 0.03% to currently trade at Rs 1597.60 on the BSE.

Previous News
  Route Mobile consolidated net profit rises 122.44% in the March 2023 quarter
 ( Results - Announcements 19-May-23   16:16 )
  Route Mobile fixes record date for 2nd interim dividend
 ( Market Beat - Reports 27-Jan-23   10:34 )
  Board of Route Mobile recommends Third Interim dividend
 ( Corporate News - 24-Jan-24   10:40 )
  Volumes spurt at Route Mobile Ltd counter
 ( Hot Pursuit - 28-Jan-22   14:30 )
  Bank of Maharashtra to provides WhatsApp Banking Services using Route Mobile's CPaaS solutions
 ( Corporate News - 12-Jan-22   19:31 )
  Sensex slides 514 pts; pharma shares underpressure
 ( Market Commentary - Mid-Session 07-May-24   14:41 )
  Route Mobile allots 3.56 lakh equity shares to ESOP Trust
 ( Corporate News - 01-Mar-21   12:11 )
  Route Mobile IPO fully subscribed on day 1
 ( IPO Centre - IPO News 09-Sep-20   17:57 )
  Microsoft and Proximus Group signs 5-year strategic partnership
 ( Corporate News - 27-Jun-24   12:40 )
  Route Mobile announces board meeting date
 ( Corporate News - 06-Oct-21   11:16 )
  Route Mobile consolidated net profit rises 28.26% in the December 2023 quarter
 ( Results - Announcements 23-Jan-24   17:44 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top