---
title: "Airtel Acquires Strategic Stake in Blockchain technology startup"  
description: "Airtel is planning to launch its own Blockchain relating technology and hence making a deal"  
author: "Sanjay Goenka"  
published: 2022-02-25  
updated: 2022-02-26  
canonical: https://www.mindstick.com/news/1456/airtel-acquires-strategic-stake-in-blockchain-technology-startup  
category: "blockchain technology"  
tags: ["technology", "blockchain", "technology news"]  
reading_time: 1 minute  

---

# Airtel Acquires Strategic Stake in Blockchain technology startup

> **Airtel is having a large stake in [Blockchain Technology](https://www.mindstick.com/services/blockchain-technology) Company Aqilliz.**

#### Highlighted Facts

```
The financial detail of the deal is still is not available.
Aqilliz has developed a hybrid model using the BLockchain platform named Atom.
The investment that is being made to the company is a part of the startup accelerator.
```

#### Read More: [Airtel Reports Decline in Q3 Net Profit by 2.8 Percent](https://www.mindstick.com/news/1378/airtel-reports-decline-in-q3-net-profit-by-2-8-percent)

![Airtel Acquires Strategic Stake in Blockchain technology startup](https://www.mindstick.com/usernews/641521/4ecc2b0f-1f54-4d35-9480-2074aac88318/images/27c2dc97-8c1f-4b9b-b5c2-f4faa95bfb24.jpeg)\

The company said in a statement as follows “Bharti Airtel has acquired a [strategic](https://www.mindstick.com/articles/13136/3-strategic-benefits-you-can-drive-with-dynamics-crm-plugins) stake in Aquilliz which is a Blockchain as a service company under the Bharti Startup Accelerator Program, subject to applicable statutory approval,”

The company has not yet divulged the details of the [investment](https://www.mindstick.com/articles/13065/an-investment-in-certification-software-gives-peace) in the company.

The company Aquilliz is based on a technology based on Blockchain and currently working from [Bangalore city](https://answers.mindstick.com/qa/38301/which-places-in-bangalore-city-are-shown-in-the-movie-gori-tere-pyaar-mein).

The company allows brands to create secure and consent-based [solutions](https://www.mindstick.com/articles/12807/product-searching-issues-and-solutions-for-ecommerce-store-advanced-search-autocomplete-suggest) to engage with [customers](https://www.mindstick.com/articles/13008/how-does-a-customer-portal-enhance-the-experience-of-customers) in a rapidly [evolving](https://answers.mindstick.com/qa/50606/which-is-the-most-successful-and-evolving-mammal-of-the-animal-kingdom) [digital economy](https://yourviews.mindstick.com/view/85451/explore-latest-technological-advancements-in-the-digital-economy) that is aimed to become decentralized.

#### Read more: [Bharti Airtel Plans to Spend Rs. 1,17,000 crore on Businesses with Subsidiaries](https://www.mindstick.com/news/1364/bharti-airtel-plans-to-spend-rs-1-17-000-crore-on-businesses-with-subsidiaries)

---

Original Source: https://www.mindstick.com/news/1456/airtel-acquires-strategic-stake-in-blockchain-technology-startup

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