Tanla Platforms is a cloud based communications provider which offers is platform and technology to enterprises for smart messaging and mobile transactions. Increased use of smartphones for registration, online transactions and data management has led to a surge in demand for the company’s products, particularly in the lockdown phase. Although prospects are good, the past of the company is chequered with huge write-offs, costly acquisitions and failed product / service lines. Recent entry of marquee investors, respectable independent directors and auditors provides comfort. It is for this reason that we have an over weight rating. Launch of platform in the global market is a huge opportunity if successful. Disruption in technology is a big risk factor
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