Tanla Platforms saw its stock surge by over 10% after announcing a partnership with a leading global tech company to fight scams on messaging platforms. Tanla’s AI-driven anti-phishing solution, Wisely ATP, will identify fraudulent phone numbers and suspicious URLs to alert WhatsApp about potential scams.
The details of the deal remain confidential, but media reports suggest a collaboration with Meta Platforms-owned WhatsApp. This partnership aims to provide real-time signals to WhatsApp, enhancing its efforts to detect and remove scam accounts.
The collaboration follows the telecom regulator’s June 13 directive requiring telecom firms to deploy AI/ML solutions to identify suspicious SMS messages. “External signals are crucial for WhatsApp to proactively identify and take down scam accounts before users fall victim,” a source told the Economic Times.
Tanla Platforms’ shares were trading at Rs 1,050.40, up 10.2%, at 10:24 a.m. on the National Stock Exchange. Despite this recent boost, the stock has fallen around 4% this year and 5% over the last year, underperforming the benchmark Nifty, which rose 13% this year and 27% over the same period.
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Source: Moneycontrol
News Desk
