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Subex: Rising from the ashes: Subex climbs out of a debt-spiral and has a survival tale to tell

“I am honored to share your knowledge that in January 2019, your Company has fully repaid the working capital loan from its banking partners and Subex is now a completely debt-free company.” Back in 2009, exactly a year after the global recession that was still dusting companies, telecommunications software-solutions provider Subex wasn’t really sure where its chief financial officer, Venkataraman GS, would get to say the above lines.

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