India’s Leading Telecommunications Giant Airtel Acquires Strategic Stake In Aqilliz

By Aqilliz  

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As one of the world’s fastest growing markets, India is also leading the way in digitalisation. From a thriving tech startup ecosystem to an aggressive public sector push in boosting domestic internet penetration, India is well underway in developing the critical foundation for a strong digital economy.

With that in mind, we’re excited to share that Bharti Airtel (“Airtel”), India’s premier communications solutions provider, has acquired a strategic state in Aqilliz via the Airtel Startup Accelerator Program. Launched in 2019, the program looks to support early-stage startups that will contribute to the growth of Digital India. Alongside financial backing, networking, and mentorship, Aqilliz will be able to benefit from Airtel’s online and offline distribution network, while giving us the opportunity to deploy our MAdtech offerings at scale to the conglomerate’s over 340 million retail customers and over 1 million business partners.

What’s more, this investment will also see Airtel Digital deploying Aqilliz’s solutions across its Adtech (Airtel Ads), Digital Entertainment (Wynk Music & Airtel Xstream) and Digital Marketplace (Airtel Thanks App) offerings. As such, to see our blockchain-enabled solutions deployed at scale by a far-reaching organisation such as Airtel is a critical step forward for us as a company. We’re thrilled at this opportunity to showcase the power of what blockchain-enabled solutions can bring in an increasingly privacy-conscious world, all the while delivering tangible benefits for businesses and their customers alike.

Learn more about Airtel’s investment in Aqilliz in the press release issued earlier today.

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