The story
Tanla was founded by Dasari Uday Kumar Reddy in May 1999 during the dot-com bubble.
In December 2006, Tanla was listed on BSE and NSE after its initial public offering.
Tanla acquired Finland-based mobile payments company OpenBit Oy (now called Tanla Oy) in 2008. In June 2008, Tanla picked up 85% in the company, followed by an acquisition of 5% in June 2009 and the remaining 10% in April 2010.
Tanla Platforms, in August 2018, acquired 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 in April 2019.
In 2023, Tanla acquired 100% stake in ValueFirst Group from Twilio for $42 million (₹346 crore).
From Wikipedia’s article on Tanla Platforms, shared under CC BY-SA 4.0.4

