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Tanla completed the acquisition of ValueFirst from Twilio for $42m.

Synopsis

Tanla, an Indian multinational cloud communications company, completed the acquisition of ValueFirst, a provider of enterprise digital services intended to help connect businesses with their consumers, from Twilio, a prominent cloud communications platform company, for $42m. “We only believe in purposeful acquisitions and have had an incredible track record with Karix acquisition, which has seen 20x EBITDA growth over the last 5 years. I am confident we will embark on a similar journey with ValueFirst to unlock massive value.” Uday Reddy, Tanla Platforms Founder Chairman & CEO.

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