Bharti Airtel acquires 25Percentage stake in Bengaluru based tech start-up Lavelle Networks

2 Feb 2022 , 01:31 AM

Bharti Airtel today announced an agreement to acquire appx 25Percentage equity stake in Bengaluru based technology startup Lavelle Networks The agreement is subject to applicable statutory approvals The home grown Lavelle Networks specialises 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 nations largest financial institutions to e-commerce networks As more enterprise move to cloud based applications to serve their customers in a digital-first eco system they require on-demand and reliable network connectivity As a result there is a surge in demand for software defined solutions that have the agility to serve a cloud based hybrid IT environment