Mumbai, Feb. 21 -- Karix Mobile has subscribed Indonesian rupiah (IDR) 10 billion of PT Karix Communications.

PT Karix Communications will operate in the CPaaS (Communication Platform as a Service) sector facilitating seamless connectivity between businesses and consumers. It has been strategically incorporated to spearhead and extend its business operations in Indonesia. This expansion aims to tap into the dynamic markets in Indonesia, leveraging Karix's expertise and innovative solutions to meet the evolving communication needs of the region.

100% of the paid-up share capital of the PT Karix Communications will be held by Karix Mobile Private.

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