Airtel picks up up 10% stake in Kerala start-up Waybeo for undisclosed sum

The deal is part of the Airtel Startup Accelerator Programme and will enable the 2011-founded Waybeo to expand its distribution reach

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Bharti Airtel | business news today

T E Narasimhan  |  Chennai 

Bharti Airtel announced picking up a strategic 10 per cent stake in the Thiruvananthapuram-based start-up Waybeo for an undisclosed amount. The enterprise focuses on deep AI analytics for cloud telephony.

The deal is part of the Airtel Startup Accelerator Programme and will enable the 2011-founded Waybeo to expand its distribution reach. Waybeo CEO Krishnan R V said the tie-up with Airtel will help the telecom company use the start-up’s telephone-based AI services. “We envisage a technology that analyses the feedback of Airtel customers, besides improved automation for ...

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First Published: Wed, September 23 2020. 19:46 IST
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