Saturday, 1 July, 2023

Airtel picks 10% stake in KSUM-fostered Waybeo

<p>Waybeo Technology Solutions under Kerala Startup Mission (KSUM) hit a milestone as telecom giant Bharti Airtel is picking a strategic 10% stake in the company, with a focus on deep AI analytics for cloud telephony. The deal is a part of the Airtel&rsquo;s Startup Accelerator Programme that aims to support the growth of early-age startups. It will help Waybeo earn a larger distribution reach, while enabling Airtel to leverage the startup&rsquo;s telephon-based AI services.</p>