"When Mouli Raman took over as the CEO of the company, the key challenges were to provide stability, continuity and focus to the company that he had co-founded.
During his tenure, OnMobile made good progress in expanding its global footprint - the Ringback Tone business wins in Africa, Asia and Latin America being noteworthy," OnMobile said in a statement.
His next move was not disclosed.
He also led the company in laying the groundwork for the next stage of growth with increased focus on people, process and technology.
The company will make an announcement on the new CEO in due course and Raman will continue as CEO till the new person is on board to facilitate a smooth transition.
"It has been an extremely fulfilling journey as CEO and I look forward to OnMobile scaling newer heights," Raman said.
On his exit, OnMobile Global Chairman H H Haight said, "Mouli is an institution by himself at OnMobile and we truly appreciate his contributions and steadfastness. Our sincere thanks to him for all these years of outstanding contributions."
