Tanla Platforms at new high

Tanla Platforms, a Hyderabad based cloud communications company is doing very well. From its close of Rs.1596.10 yesterday, it opened itself today on a new high at Rs.1675,90, hitting the 5% UC, where it now remains frozen.

The company announced today morning that it has partnered with Vodafone or Vi as it is known, to become the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network.

India’s international messaging market is estimated to be Rs.3500 crore annually.

This partnership, centered on Wisely - a cloud-based platform co-developed with Microsoft, is set to lead the global enterprise market in digital interactions and is expected to go-live in Q4 21-22. This follows the success of ‘TRUBLOQ’- the largest implementation of block chain use case processing 350 Bn transactions per year.