Bharti Airtel acquires 25 percent stake in Lavelle Networks.
Bharti Airtel purchases 25% stake in Bengaluru based startup.
Startup industries
Posted By Mehul Jadhav
Bharti Airtel on Monday (31-1-2022) announced that they have signed an agreement to acquire a nearly 25% stake in Bengaluru based startup named Lavelle Networks.
The company did not disclose the financial details of the deal but we can expect it to get disclosed by the company in the future.
Bharti Airtel also said that "The agreement is subject to applicable statutory approvals.
Some information about Lavelle Networks:-
Lavelle Networks was founded in 2015, the company is specialized in software-defined wide-area network solutions.