Bharti Airtel acquired a strategic minority stake in cloud-based networking solutions provider, Cnergee Technologies, under the Airtel Startup Accelerator Program.

Cnergee has developed a range of 5G ready software tools for Network-as-a-Service (NaaS) enabling zero touch service provisioning, central remote monitoring, and management of all connected devices with a host of real time analytics.

According to the company, the acquisition helps to strengthen Airtel’s 5G ready networks as a service portfolio for small and medium businesses.

Cnergee’s advanced software tools will boost Airtel’s ‘Work From Anywhere’ solutions portfolio as businesses look at adopting hybrid work models in the post pandemic world.

Ajay Chitkara, director and chief executive officer, Airtel Business says, “as businesses move to cloud-based applications, software defined agile networks are becoming the norm. 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.”

The Airtel Start-up Accelerator Program invests in early-stage startups engaged in developing solutions based on new age technologies. Airtel serves more than one million businesses of all sizes through its integrated portfolio of connectivity, conferencing, cloud and data centers, cyber security, internet of things, ad-tech, CPaaS (Airtel IQ). It is the market leader in India’s enterprise connectivity segment.

Suvarna Kulkarni, founder and managing director, Cnergee Technologies says, “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.”