diff --git a/src/services/trackingPlan.ts b/src/services/trackingPlan.ts
index 64bb65a0f7..ea0502c7d4 100644
--- a/src/services/trackingPlan.ts
+++ b/src/services/trackingPlan.ts
@@ -1,33 +1,39 @@
 import logger from '../logger';
 import { RetryRequestError, RespStatusError, constructValidationErrors } from '../util/utils';
-import { getMetadata } from '../v0/util';
+import { getMetadata, getTrackingPlanMetadata } from '../v0/util';
 import eventValidator from '../util/eventValidation';
 import stats from '../util/stats';
 import { HTTP_STATUS_CODES } from '../v0/util/constant';
 
 export class TrackingPlanservice {
-
-  public static validate(events, requestSize, reqParams) {
+  public static async validate(events, requestSize, reqParams) {
     const startTime = new Date();
     const respList: any[] = [];
     const metaTags = events.length && events[0].metadata ? getMetadata(events[0].metadata) : {};
+    const tpTags =
+      events.length && events[0].metadata ? getTrackingPlanMetadata(events[0].metadata) : {};
     let ctxStatusCode = 200;
 
     for (let event of events) {
-      let toAdd: any;
+      let eventValidationResponse: any;
       let exceptionOccured = false;
+      let eventStartTime = new Date();
 
       try {
-        event.request = { query: reqParams }; // FIXME: Do we need this update ?
-        const validatedEvent = eventValidator.handleValidation(event);
-        toAdd = {
+        event.request = { query: reqParams };
+        const validatedEvent = await eventValidator.handleValidation(event);
+        eventValidationResponse = {
           output: event.message,
           metadata: event.metadata,
-          statusCode: validatedEvent['dropEvent'] ? HTTP_STATUS_CODES.BAD_REQUEST : HTTP_STATUS_CODES.OK,
+          statusCode: validatedEvent['dropEvent']
+            ? HTTP_STATUS_CODES.BAD_REQUEST
+            : HTTP_STATUS_CODES.OK,
           validationErrors: validatedEvent['validationErrors'],
           error: JSON.stringify(constructValidationErrors(validatedEvent['validationErrors'])),
-        }
+        };
       } catch (error) {
+        logger.debug(`Error occurred while validating: ${error}`);
+
         exceptionOccured = true;
         // no need to process further if
         // we have error of retry request error
@@ -36,33 +42,32 @@ export class TrackingPlanservice {
           break;
         }
 
-        toAdd = {
+        eventValidationResponse = {
           output: event.message,
           metadata: event.metadata,
           statusCode: error instanceof RespStatusError ? error.statusCode : HTTP_STATUS_CODES.OK,
           validationErrors: [],
           error: `Error occurred while validating: ${error}`,
         };
+      } finally {
+        // finally on every event, we need to
+        // capture the information related to the validates event
+        stats.timing('tp_event_validation_latency', eventStartTime, {
+          ...metaTags,
+          ...tpTags,
+          status: eventValidationResponse.statusCode,
+          exception: exceptionOccured,
+        });
       }
 
-      // finally on every event, we need to
-      // capture the information related to the validates event
-      stats.counter('tp_event_validation', 1, {
-        ...metaTags,
-        workspaceId: event.metadata.workspaceId,
-        trackingPlanId: event.metadata.trackingPlanId,
-        status: toAdd.statusCode,
-        exception: exceptionOccured,
-      })
-      respList.push(toAdd);
+      respList.push(eventValidationResponse);
     }
 
     // capture overall function latency
     // with metadata tags
-    stats.timing('tp_request_latency', startTime, {
+    stats.histogram('tp_batch_validation_latency', startTime, {
       ...metaTags,
-      workspaceId: events[0]?.metadata?.workspaceId,
-      trackingPlanId: events[0]?.metadata?.trackingPlanId,
+      ...tpTags,
     });
 
     return { body: respList, status: ctxStatusCode };
diff --git a/src/util/prometheus.js b/src/util/prometheus.js
index 89e5424c0c..d406fadee0 100644
--- a/src/util/prometheus.js
+++ b/src/util/prometheus.js
@@ -596,8 +596,22 @@ class Prometheus {
         labelNames: ['sourceType', 'destinationType', 'k8_namespace'],
       },
       {
-        name: 'tp_request_latency',
-        help: 'tp_request_latency',
+        name: 'tp_event_validation_latency',
+        help: 'Latency of validating tracking plan at event level',
+        type: 'histogram',
+        labelNames: [
+          'sourceType',
+          'destinationType',
+          'k8_namespace',
+          'workspaceId',
+          'trackingPlanId',
+          'status',
+          'exception',
+        ],
+      },
+      {
+        name: 'tp_batch_validation_latency',
+        help: 'Latency of validating tracking plan at batch level',
         type: 'histogram',
         labelNames: [
           'sourceType',
diff --git a/src/v0/util/index.js b/src/v0/util/index.js
index c1debce088..32872cc5d9 100644
--- a/src/v0/util/index.js
+++ b/src/v0/util/index.js
@@ -1419,6 +1419,11 @@ function getStringValueOfJSON(json) {
   return output;
 }
 
+const getTrackingPlanMetadata = (metadata) => ({
+  trackingPlanId: metadata.trackingPlanId,
+  workspaceId: metadata.workspaceId,
+});
+
 const getMetadata = (metadata) => ({
   sourceType: metadata.sourceType,
   destinationType: metadata.destinationType,
@@ -2267,6 +2272,7 @@ module.exports = {
   getMappingConfig,
   getMetadata,
   getTransformationMetadata,
+  getTrackingPlanMetadata,
   getParsedIP,
   getStringValueOfJSON,
   getSuccessRespEvents,