Bharti Airtel has entered into agreement to acquire around 25% equity stake in Bengaluru based technology startup, Lavelle Networks. The agreement is subject to applicable statutory approvals. The home grown Lavelle Networks specializes in Software-defined Wide Area Network solutions and it serves a range of industry segments. Its platform has connected several thousands of Indian enterprises from the nation's largest financial institutions to e-commerce networks.
Airtel Business’ Network as a service (NaaS) is a digital platform, which is built to address the emerging connectivity requirements of enterprises as they go through the cloud & digital adoption and acceleration journey. As part of its NaaS portfolio, Airtel will offer software defined connectivity solution from Lavelle Networks and co-create a host of innovations as part of its NaaS platform. This also aims to bring “Made in India” products & solutions for enterprises by offering cutting edge technology and cost efficiencies.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
