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Revision as of 10:29, 31 May 2020

Tanla Solutions Limited
TANLA
Native name
Tanla Solutions
Company typepublic
ISININE483C01032
IndustryTelecommunications
Founded1999; 25 years ago (1999) in Hyderabad,India
FounderD. Uday Kumar Reddy
Headquarters
Area served
Worldwide

Tanla Solutions is a cloud communications provider based in Hyderabad, India. The company provides value-added services in the Cloud communications space. Tanla has offices in ten locations including Singapore, London, Colombo, Dubai etc. The company operates with a team of more than 300 and is listed in BSE and NSE in India.

History

Tanla started as a small group of mobile messaging experts, with base in Hyderabad.[1] Dasari Uday Kumar Reddy is the Founder of Tanla Solutions Limited. He is the Managing Director and Chairman of the company since 1999.[2] Uday serves as a Non-Independent and Executive Director of Tanla Solutions Limited. He holds an MBA degree from Manchester Business School in the UK.[citation needed]

Tanla is a public limited company listed on leading Indian stock exchanges.

Services

Tanla Solutions initially started as a Bulk SMS provider in Hyderabad catering to SME. As the team grew, the company evolved into a Cloud communication provider with services and products with aggregators and Telcos across the globe.

Acquisitions

Tanla Solutions acquired Finland based mobile payments company OpenBit Oy (now called Tanla Oy) in June 2009. In June 2008, Tanla picked up 85 percent in the company, followed by an acquisition of 5 percent in June 2009.

Tanla Solutions signed a definitive share purchase agreement on August 21, 2018, to acquire 100% of Karix Mobile (formerly known as mGage India) and its wholly owned subsidiary, Unicel from GSO Capital partners, a Blackstone Company, at an enterprise value of 340 Crore. The closure of this acquisition was announced on April 11, 2019.[3]

References

External links

  • "Online News Distribution | Measurement and Analytics | Business Wire India". www.businesswireindia.com. Retrieved 2 November 2019.
  • "Tanla Solutions announces deployment of its 3G platform with MTNL". The Financial Express. 12 December 2008. Retrieved 2 November 2019.
  • "Tanla Completes OpenBit Acquisition; Final 10% Stake For EUR 5.95M". MediaNama. 27 April 2010. Retrieved 2 November 2019.
  • "Updated: Tanla Q4-FY11 Results: Profits Dip 83% YoY; Domestic Income Increases". MediaNama. 12 May 2011. Retrieved 2 November 2019.
  • "TNSL.NS - Tanla Solutions Limited Profile | Reuters". www.reuters.com. Retrieved 2 November 2019.
  • LinkedIn profile
  • Reporter, B. S. (2 August 2010). "Tanla deploys new service on 3G platform with MTNL". Business Standard India. Retrieved 2 November 2019.