Bharti Airtel, one of India’s premier communications solutions providers, has acquired a strategic minority stake in cloud-based networking solutions provider Cnergee Technologies under the Airtel Startup Accelerator Program.
Cnergee, situated in Navi Mumbai, specialises in comprehensive networking solutions via the cloud for enterprises of all kinds. Cnergee has created a suite of 5G ready software solutions for Network as a Service (NaaS) that can be implemented at scale to provide zero touch service provisioning, central remote monitoring, and administration of all connected devices with a variety of real time analytics.
Airtel will be able to sharpen its NaaS offering for Small and Medium Businesses (SMBs) wanting to speed their transition to cloud-based applications as a result of the share purchase. Airtel already provides SMBs with a wide choice of connectivity and productivity solutions, supported by an unrivalled distribution network reach across India.
Furthermore, Cnergee’s powerful software tools will contribute to Airtel’s portfolio of ‘Work From Anywhere’ solutions as businesses seek to implement hybrid work models in the post-pandemic world.
Ajay Chitkara, Director & CEO, Airtel Business, said, “As businesses move to cloud-based applications, software defined agile networks are becoming the norm. Airtel is on a mission to accelerate the digital transformation journeys of enterprises through our world-class NaaS platform. We welcome Cnergee to the Airtel Startup Accelerator Program and look forward to deploying their ‘Made in India’ solutions at scale in the fast growing NaaS market in India.”
Airtel Business supports over one million enterprises of all sizes with its integrated portfolio of broadband, conferencing, cloud & data centers, cyber security, IoT, Ad-tech, CPaaS (Airtel IQ), and other services. It is the market leader in India’s enterprise connectivity area.
Suvarna Kulkarni, Founder & MD, Cnergee Technologies, said, “Cnergee has always believed in developing innovative, intelligent and cost efficient cloud based solutions. It is an exciting time for Cnergee to partner with Airtel in this digital transformation journey and reach out to emerging businesses of all sizes driving Digital India.”
The Airtel Start-up Accelerator Program invests in early-stage start-ups that are creating solutions based on new age technologies, which also compliments Airtel’s Digital strategy across segments.