Airtel Acquihire Logistics Startup Quikmile
Telecom company Bharti Airtel acquihire Gurgaon based Quikmile, a startup focused on building tech-enabled logistics platforms for India.
The company did not disclose the size of the 'acquihire' deal, which typically entails the acquisition of people or teams.
"Quikmile's team will now be a part of Airtel X Labs Airtel's digital innovation factory, which focuses on IoT, Digital Engineering, Artificial Intelligence, and Machine Learning," Airtel said in a statement.
Airtel X Labs team comprises of professionals from India and abroad, the statement said, adding that it is building advanced digital capabilities to serve the emerging needs of Digital India and is rapidly scaling up its teams and scope of work.
Quikmile, which started operations in 2018, aims to harness the power of...