About Airtel
Airtel is a company based in Delhi (India) founded in 1995 by Sunil Bharti Mittal. Airtel has raised $292 million across 13 funding rounds from investors including Google, Barclays and Kotak Mahindra Bank. The company has 4,250 employees as of March 31, 2024. Airtel has completed 11 acquisitions, including Beetel, CallUp and Indus Towers. Airtel operates in a competitive market with competitors including Jio, MTN, Proximus Group, AT&T and Optus, among others.
- Headquarter Delhi, India
- Employees 4250 as on 31 Mar, 2024
- Founders Sunil Bharti Mittal
- Stage Public
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Airtel Africa Plc
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Annual Revenue
$4.86 B (USD)-1.99as on Mar 31, 2024
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Net Profit
$216.08 M (USD)231.32as on Mar 31, 2024
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EBITDA
$2.17 B (USD)33.74as on Mar 31, 2024
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Total Equity Funding
$292 M (USD)
in 13 rounds
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Latest Funding Round
$626.01 M (USD), Post-IPO
Jul 15, 2022
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Investors
Google
& 17 more
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Employee Count
4250
as on Mar 31, 2024
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Investments & Acquisitions
Beetel
& 10 more
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IPO & Listings of Airtel
Airtel is a publicly listed company on the LSE with ticker symbol AAF in UK, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Airtel
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Sales and Marketing
46 people
Software Development Team
37 people
Human Resources and Administration
30 people
Leadership Team
15 people
Finance and Accounting
12 people
Senior Team
12 people
Lead Team
10 people
Operations Team
9 people
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Funding Insights of Airtel
Airtel has successfully raised a total of $292M across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $626.01 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Airtel
Airtel has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Barclays and Kotak Mahindra Bank.
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Fund of funds focused on pre-seed and seed-stage companies
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Multi-stage private equity investments are pursued across diverse sectors.
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Investor details for Airtel
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Investments & Acquisitions by Airtel
Airtel has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Beetel, CallUp and Indus Towers.
Investment portfolio details for Airtel
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- Portfolio identities
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Provider of customer experience services
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Software solutions for fleet management
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Mobile prepaid payment solutions are delivered through a dedicated app.
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Complete acquisition details for Airtel
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Financial Statements - Airtel
Detailed financials for Airtel
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Airtel Comparisons
Peer comparison for Airtel
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Competitors of Airtel
Airtel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Proximus Group, AT&T and Optus, among others.
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Provider of telecommunication services
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Telephony, internet, television, and network-based ICT services are provided.
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Mobile internet, TV, and telecommunication services are provided.
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Mobile internet services are provided for homes and offices.
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Detailed competitors of Airtel
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Latest news on Airtel
Complete news archive for Airtel
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Frequently Asked Questions about Airtel
Airtel was founded in 1995 and raised its 1st funding round 4 years after it was founded.
Airtel is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Tarun Virmani is the current CEO of Airtel.
Airtel is a funded company, having raised a total of $292M across 13 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Airtel is 4,250.
Annual revenue of Airtel is $4.86B as on Mar 31, 2024.
Airtel was established in 1995 in Delhi, India, within the telecommunications sector. Mobile network operations are conducted globally, with 2G, 3G, and 4G services provided alongside fixed-line telephony, DSL broadband, IPTV, DTH, enterprise solutions, and long-distance connectivity. The company is positioned as Indias largest mobile operator and the third largest worldwide. Outside India, focus is placed on wireless services and mobile commerce in various geographies.
Airtel's top competitors include MTN, Proximus Group and AT&T.
Yes, Airtel is publicly traded on LSE under the ticker symbol AAF.
Airtel has made 11 acquisitions, including Beetel, CallUp, and Indus Towers.
Airtel has 18 investors. Key investors include Google, Barclays, Kotak Mahindra Bank, BNP Paribas, and Bank of America.
The ticker symbol of Airtel is AAF on LSE.