Tanla Platforms Limited — JV/Acquisition, 28-07-2026: Acquisition

Tanla Platforms, via its subsidiary Karix Mobile, is set to acquire 100% of ValueFirst Middle East FZC (VF FZC) for an enterprise consideration of INR 148.52 Crore. This includes INR 12.00 Crore in cash and assumption of INR 136.52 Crore in liabilities, considering VF FZC's negative net worth. The strategic move significantly expands Tanla's CPaaS services into key markets like UAE, Saudi Arabia, and Indonesia, enhancing its geographic reach and customer base. VF FZC reported a turnover of INR 181.63 Crore in FY26. This acquisition is expected to bolster Tanla's market position through integrated regional operations.