Tanla arm in Deloitte Technology fast 50 firms list

Tanla Oy, a subsidiary of Hyderabad-based telecommunications software and services provider Tanla Solutions Limited, has been ranked in the second place in the Deloitte Technology Fast 50 programme, according to a press release on Friday.

Conducted by Deloitte for a fourth time, the search was for Finland's fastest-growing technology companies. The growth was used as an indicator of revenue growth over the past five years. Tanla Oy (formerly Openbit Oy), was placed second in the list with a growth rate of 2,521 per cent over the past five years. Tanla acquired Openbit Oy, a Finnish device payments for mobile applications provider, for $18.6 million in June this year 

Finland’s winners automatically participate in the Deloitte EMEA (Europe Middle East Africa) Fast 500 survey, which rewards the EMEA region's fastest-growing technology companies and Tanla Oy was ranked 53rd.