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Tanla Platforms Shares Climbed After Extending Partnership with Truecaller, Launching New Product

Tanla Platforms shares jumped after extending its partnership with Truecaller and launching its new product.

Tanla Platforms shares jumped nearly 5% on Wednesday after the cloud communications company extended its partnership with Truecaller for business messaging. Tanla also launched its new product, Wisely ATP Spotlight. 

Tanla Platforms‘ share price hit an intraday high of Rs 1,044.95, 4.72% higher than its previous closing price on the National Stock Exchange (NSE). However, the stock lost all gains in the volatile session and closed 0.29% lower at Rs 995. 

According to Tanla Platforms’ exchange filing, uploaded post-market hours on Tuesday, the Hyderabad-headquartered CPaaS provider announced that it had extended an exclusive partnership with Truecaller business messaging. 

The company added that this partnership aims to help businesses connect with their end-users and offer customised solutions, including rich media and engaging content. 

Tanla Platforms claimed that these business messages can seamlessly integrate images, videos, and documents with benefits like lower costs, faster deliveries, and better insights.

The filing further stated that the partnership between the two companies was started in 2022 to provide a messaging experience to businesses. 

In a separate exchange filing, Tanla Platforms announced the launch of its new product, Wisely ATP Spotlight. This innovative citizen protection bot empowers individuals to identify and avoid online scams easily. 

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