OnMobile Global Ltd share Price

OnMobile Global Limited (OnMobile), the company`s saga started way back to the year 2000, it was incorporated on 27th September 2000 as Onscan Technologies India Private Limited. OnMobile is India`s largest white labeled Value Added Services (VAS) Company for Mobile, Landline and Media Service Providers headquartered in Bangalore, India. The Company provides Telecom VAS, Voice Portals, RingBack Tones, Mobile Content Aggregation & Distribution, Interactive Media Portals, Mobile advertising, 1-to-1 direct marketing on mobiles and M-Commerce. OnMobile has a large R&D center and network operations center and also has offices in Mumbai, Delhi, Singapore, Paris, Jakarta, London, Kuala Lumpur, Seattle and Sydney. The name of the company was changed to OnMobile Asia Pacific Private Limited with effect from 10th April of the year 2001. In November of the same year 2001, OnMobile obtained the first customer for telecom VAS. The Company had launched its multi-model voice portal platform and applications in July of the year 2002. After a year, in 2003, the OnMobile secured three more customers in the telecom sector for speech driven products. During the year 2004, the company had launched numerous products and services, it debuted multi-model service offerings such as Music Jukebox, Karaoke and reserve action. Ringback tone application also came to existence. In the identical year of 2004, OnMobile had launched its services for telecom service providers in public sector and also to first international telecom service customer. During the year 2005, the company had launched M-commerce services in India (railway ticketing) and also launched services with first media customer. OnMobile had acquired ITfinity and their On Device Portal services and products in the year of 2006. In July of the year 2007, the company awarded Top VAS Company of India for fiscal 2007 as per the V&D 100 survey. The Company had changed its name as the present one OnMobile Global Limited and also changed its status from private limited to public limited. The fresh certificate of incorporation consequent on change of name was granted by the Registrar of the Companies, Karnataka on 21st August 2007. During September of the same year 2007, OnMobile had acquired 100% share capital of the Vox Mobili SA. The Company tapped capital markets in January of the year 2008 with an Initial Public offering (IPO) of 10,900,545 equity shares. In April 2008, OnMobile had completed the largest global deployment of Nuance speech solutions for telecom value-added services. During year 2009-10, the Company launched "OnMobile Churn Management" product, in one of its leading operators in India for RBT; launched Reverse RBT, through which the Company is offering users the experience to listen to their own choice of music - from Hollywood, regional, international, as well as jokes, news, etc; launched the next version of the OnMobile Corporate RBT product. In 2010-11, OnMobile acquired the leading 3G video technology and mobile solutions by Silicon Valley based Dilithium Networks Inc. ` During 2011-12, Company launched the OnMobile OnCloud - a SaaS based platform for converged Content, Communications and Mobile Commerce applications offering a social community layer to existing and new VAS services. RBT was launched on a SaaS model in Telefonica, Spain; RBT services were also launched in one of the leading operators in Southern Africa. OnMobile OnCloud suite of services were deployed in the African continent allowing RBT, M-Radio, Phone Backup, Phonebook and 3G based community services like video casting to be launched with unprecedented service velocity; launched a new suite of mobile services including four new products consisting of OnCall Video, OnCall Voice Presence, OnCloud Locker and OnCloud Secure; RBT and M-Radio services were launched in one of the leading operators in a large African country replacing the incumbent RBT Service Provider. In 2012-13, OnMobile launched a new music product - The Full Track Music Store; GreatBuyz was developed to bring paid and free deals to mobile phone as an aggregation service; OnMobile Cloud Platform (version 8) was released with new modules and additional features. During 2013-14, the Company acquired the business assets and liabilities of Livewire Mobile, a leading provider of end-to-end managed mobile entertainment solutions for network operators and consumer device manufacturers. In 2014-15, it signed a deal of five years with Robi to deploy various Ringback Tone and Interactive Voice Response solutions; the Company became the exclusive Caller Ringback Tone partner (RBT) for Tata Teleservices (Tata) in India; deployed its signature Ringback Tone product in Brazil. The Company divested its French subsidiary Voxmobili S.A to Synchronoss Technologies Inc. as per the Share Purchase Agreement with Synchronoss Technologies signed in May 2014 and hence Voxmobili SA ceased to be a subsidiary of the Company. OnMobile Latam Holding S.L. was incorporated in Spain as a wholly owned subsidiary in 2015. It set up a new branch office in Guinea Conkary.