Karix Mobile Private Limited, a wholly-owned Indian subsidiary of Tanla Platforms Limited, has incorporated a new step-down subsidiary named Karix Mobile LLC in the Kingdom of Saudi Arabia on June 19, 2025.
Karix Mobile LLC has been incorporated with a subscribed share capital of SAR 350,000 (Saudi Riyal Three Lakh Fifty Thousand only).
Karix Mobile Private Limited will hold 70% of the paid-up share capital of Karix Mobile LLC.
The new entity will operate in the CPaaS (Communication Platform as a Service) sector, aiming to spearhead and extend business operations in the Kingdom of Saudi Arabia and tap into the dynamic markets of the Middle East region.