Other Private Equity/Strategic Investments
Bharti Airtel acquires 7% in networking solutions provider Cnergee
Publicly listed telco Bharti Airtel has acquired a 7% stake in cloud-based networking solutions provider Cnergee Technologies under the Airtel Startup Accelerator Program. Cnergee's software tools will boost Airtel's ‘Work From Anywhere' solutions portfolio as businesses look to adopt hybrid work models in the post pandemic world. Navi Mumbai-based Cnergee specializes in integrated networking solutions over cloud for businesses of all sizes. Cnergee has developed a range of 5G ready software tools for Network as a Service (NaaS) that can be deployed at scale to enable zero touch service provisioning, central remote monitoring, and management of all connected devices with a host of real time analytics. For FY20-21 the company had reported a turnover of INR 1.97 crore.
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