Growtele Communication Eyes USD 55 Million Valuation on Back of CPaaS Growth
New Delhi [India], February 12: Growtele Communication Pvt Ltd, a Communications Platform as a Service (CPaaS) provider, is targeting a valuation of around ₹500 crore (approximately USD 55 million) as it expects to double its turnover in FY26, supported by rising enterprise adoption of cloud-based and AI-enabled messaging solutions.
Founded in 2021, Growtele Communication provides messaging and customer engagement infrastructure to enterprises and government organisations across sectors such as fintech, e-commerce, logistics, education and consumer services. The company currently serves over 200 clients, including Ebix Cash, Lenskart, Shadowfax, FirstCry, KreditBee and Jaro Education.“We are working towards a valuation of around USD 55 million over the next year, driven by growth in ente...