Growtele Communication Eyes USD 55 Million Valuation Amidst CPaaS Growth

• Growtele Communication Pvt Ltd aims for a USD 55 million valuation, targeting ₹500 crore, driven by CPaaS growth.
• The company anticipates doubling its turnover by FY26 due to increasing enterprise adoption of cloud-based and AI-enabled messaging solutions.
• Established in 2021, Growtele serves over 200 clients including Ebix Cash, Lenskart, and FirstCry, offering messaging and customer engagement infrastructure.
• Growtele processes nearly one billion messages monthly, integrating AI for routing, delivery optimization, and fraud detection.
• The company prioritizes compliance, adhering to India's DPDP Act, DLT framework, and international regulations like TCPA and GDPR.