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

Highlights

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

Number of Funding Rounds

Total Funding Amount

9

$4B S$2.25B ₹26.49B

Airtel has raised a total of $4B S$2.25B ₹26.49B in funding over 2 rounds. Their latest funding was raised on Aug 25, 2022 from a Post-IPO Secondary round.

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

Number of Investments

Number of Lead Investments

15

9

Airtel has made 15 investments. Their most recent investment was on Mar 10, 2022, when Avaada Energy raised ₹78.80M.

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

Number of Lead Investors

Number of Investors

5

12

Airtel is funded by 12 investors. Bharti Enterprises and Google are the most recent 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

Number of Employee Profiles

37

Airtel has 37 current employee profiles, including Board member Bernardus Verwaayen

Board member

Board member

Executive

Executive

Executive

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