/ -- Exotel, the fastest growing cloud telephony platform in Asia, announced that they are looking to close the year at a revenue of Rs.120 crores.
"Enterprises are looking at cloud telephony as a way to scale and grow their business. We are enabling organisations to provide the right conversation touchpoints without compromising on the customer's privacy and security as well. With this increased adoption, we have seen 68% YoY growth in our revenues. I'm happy to say that we will be closing the year at a revenue of Rs. 120 crores," said Shivakumar Ganesan (Shivku), CEO & Co-founder of Exotel.
Started in 2011, Exotel powers business communication for over 2,500 enterprises and growing businesses in India, Southeast Asia and Australia.
Shift in cloud adoption by enterprises
Along with their growth in India, Exotel has seen a surge of customers coming in from Southeast Asia and Australia. Their flagship products, Number Masking, nOTP & Lead Assist, are getting good traction there as well. Shivku further added, "We already work with some of the biggest tech enabled businesses in SEA & Australia. In the coming years, we will see a larger portion of our revenue coming in from our overseas markets."