Dasari Uday Kumar Reddy is as battle-hardened as one can be. If anything, Reddy, chairman and chief executive of the $320 million cloud communications company Tanla Platforms Limited, has seen his empire built ground-up, burnt down, and like a phoenix rise again from the ashes. The 54-year-old reclusive billionaire debuts on the 2022 Forbes World’s Billionaires List, ranked 2,332 with a net worth of $1.2 billion. As of April 15, his net worth stood at $1.3 billion.
Hyderabad-based Tanla Platforms, a CPaaS (Communications Platform as a Service) company, offers wireless data services for mobile messaging. It saw its shares double during a spectacular rally on the bourses last year. In fact, since March 2014, its share price has grown a staggering 38,000 percent, which means that an investment of ₹1 lakh in the company, would have grown to ₹3.8 crore in eight years.
(This story appears in the 06 May, 2022 issue of Forbes India. To visit our Archives, click here.)