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Airtel
About
Airtel is a global telecommunications company that provides mobile, voice, and data solutions.
- New Delhi,Delhi,India
- 10001 - max
- http://www.airtel.in
Details
- Last Funding Type
- Post-IPO Debt
- Last Funding Money Raised
- $1.25B
- Industries
- Mobile,Public Relations,Telecommunications
- Founded date
- Jan 1, 1995
- Number Of Employee
- 10001 - max
- Operating Status
- Active
- Stock Symbol
- nse:BHARTIARTL
- Legal Name
- Bharti Airtel Ltd
- Also Known As
- Bharti Airtel
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation.Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the "airtel" brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 25, 2022 | Post-IPO Secondary | S$2.25B | 1 |
Bharti Enterprises
|
— | Detail |
| Jan 28, 2022 | Post-IPO Equity | $700M | 1 |
Google
|
— | Detail |
| Jan 28, 2022 | Corporate Round | $300M | 1 |
Google
|
— | Detail |
| Feb 25, 2021 | Post-IPO Debt | $1.25B | 8 | — | — | Detail |
| Oct 9, 2019 | Post-IPO Debt | $750M | — | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Mar 10, 2022
Avaada Energy
|
Corporate Round | ₹78.80M | Energy | Yes |
|
Feb 25, 2022
Indus Towers
|
Post-IPO Secondary | ₹23.88B | Telecommunications | Yes |
|
Jan 31, 2022
Lavelle Networks
|
Corporate Round | — | Cloud Computing | Yes |
|
Dec 18, 2021
Vahan
|
Corporate Round | — | Artificial Intelligence | Yes |
|
Sep 15, 2021
Vahan
|
Series A | ₹590M | Artificial Intelligence | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Bharti Enterprises
|
Yes | Post-IPO Secondary |
|
Google
|
Yes | Post-IPO Equity |
Singtel
|
Yes | Post-IPO Equity |
Warburg Pincus
|
Yes | Post-IPO Equity |
Ashmore Group
|
— | Post-IPO Debt |
Amundi Private Equity Funds
|
— | Post-IPO Debt |
BlackRock
|
— | Post-IPO Debt |
Fidelity
|
— | Post-IPO Debt |
Goldman Sachs Asset Management
|
— | Post-IPO Debt |
Loomis, Sayles & Company
|
— | Post-IPO Debt |
Employee Profiles
Exits
Airtel has had 2 exits. Airtel most notable exits include Indus Towers , Editorji
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Dec 18, 2020 | Indus Towers | IPO | Telecommunications | Detail |
| Jul 15, 2020 | Editorji | M&A | Content | Detail |
Acquisition
Airtel has acquired 7 organizations. Their most recent acquisition was Augere on Dec 31, 2015. They acquired Augere for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Dec 31, 2015
Augere
|
Telecommunications | acquisition | — | Detail |
|
Dec 22, 2016
MENA Submarine Cable Systems
|
Marine Transportation | acquihire | $ 100M | Detail |
|
Feb 23, 2017
Telenor (India) Communications Pvt. Ltd.
|
Mobile | acquisition | — | Detail |
|
Mar 24, 2017
Tikona- 4G
|
Internet | acquisition | ₹ 1.60B | Detail |
|
Aug 3, 2017
Telenor India
|
Internet | acquisition | — | Detail |
