Airtel Acquires 7% stake in NaaS startup Cnergee
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Indian telecom giant Bharti Airtel has acquired a 7% stake in Mumbai-based cloud networking solutions provider Cnergee Technologies under Airtel Startup Accelerator Program for an undisclosed amount. With this acquisition, Airtel will improve its network-as-a-service (NaaS) proposition for small and medium businesses (SMBs) who are looking to accelerate their movement to cloud-based applications.