Other Private Equity/Strategic Investments
Airtel acquires 10% stake in Singapore's blockchain tech startup Aqilliz
Bharti Airtel has acquired a strategic stake of 10% in Aqilliz – a Blockchain as a Service (BaaS) company under the Airtel Startup Accelerator Program. Airtel aims to deploy Aqilliz's blockchain technologies at scale across its Adtech (Airtel Ads), Digital Entertainment (Wynk Music & Airtel Xstream) and Digital Marketplace (Airtel Thanks App) offerings. Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates differential privacy and federated learning on a distributed digital ledger. This allows brands to create secure and consent-based solutions to engage with customers.
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