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"Yes, we have acquired an Indian startup...and I believe that it is a first for an Italian company." - Dario Calogero, CEO and Founder, Ubiquity

Ubiquity-Solutions InfiniWith an eye on key emerging markets like India, leading Italian mobile services provider, Ubiquity, has acquired a majority stake in Solutions Infini, an enterprise communication and cloud telephony services startup based in Bengaluru in South India. This strategic acquisition will broaden Ubiquity’s offerings and business solutions, including the addition of an innovative voice services platform by expanding its range of services to the enterprise and developer segments. The investment is part of Ubiquity’s drive to build and diversify its revenues and expand its international presence beyond Europe, and this development also provides Solutions Infini with a global platform to scale up in other international markets.

The combination of the two companies will create a global group with offices in 10 locations across Europe, India and the Middle East, with a collective turnover of over $65 Million and 180 employees. Ubiquity officials expect this partnership to help generate combined business revenues of over $200 Million by 2020.

Dario Calogero, Founder and CEO, Ubiquity & Aniketh Jain, Co–Founder and CEO, Solutions Infini

       Dario Calogero, Founder and CEO, Ubiquity & Aniketh Jain, Co–Founder and CEO, Solutions Infini

Founded in 2009, by Ashish Agarwal and Aniketh Jain, Solutions Infini enables enterprises across industries to engage with their customers using mobile messaging, voice communication and e-mail. With a customer base spread across Asia, the company today boasts of a list of more than 5,000 clients including Flipkart, Ola, Jabong, Practo, Foodpanda, Bank of Baroda, Federal Bank and Vijaya Bank. Ashish Agarwal, founder and CTO, said ”Solutions Infini has an eight-year history of constant success and impressive growth. We have built modern scalable, integrated technology to enable our enterprise customers to have superior customer engagement using mobile communication."

Dario Calogero, founder and CEO of Ubiquity said “This will help us diversify our revenue stream and this integration of two platforms into a single compelling platform will cover the whole stack of communications in a seamless way for both large and medium accounts. The mobile services industry is growing rapidly in many parts of the world. Increasingly, corporate decisions about professional mobile communications are based on the capability to reach and connect with customer bases across the world through simple and fast technologies. We recognize that network scale, technology, marketing expertise and customer loyalty are keys to a new generation of mobile and location-based digital marketing services. Therefore, we believe Solutions Infini will be an excellent addition to our existing businesses, thanks to its state-of-the-art cloud platform, outstanding management team, and its large customer and partner base”. Ubiquity aims to make more strategic tie ups in the mobile and telecom sector in IndiaRead Dario Calogero's interview with Startup Italia here

 

Read more on the acquisition here 

 

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