Business News›Markets›Stocks›News›The rise of CPaaS: Can Tanla and Route sustain the valuation spike?
The rise of CPaaS: Can Tanla and Route sustain the valuation spike?
Synopsis
Route Mobile is smaller than Tanla Platforms, as can be seen from the revenues generated in Q3FY22. Route also has lower margins than Tanla because of the additional cost of ESOPS and the high cost of its services.
The Covid-19 outbreak led to a sudden spike in the communication needs of every company. This demand brought providers of communication platform as a service (CPaaS) — companies such as Tanla Platform and newly listed Route Mobile — to the limelight. CPaaS is a cloud-based solution that enables businesses to add real-time communication features like voice, video and messaging to their existing business applications. Hence, rather than using,
Get Unlimited Access to The Economic Times 
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise
