On Monday, Bharti Airtel has announced an agreement to acquire about a 25 per cent equity stake in Bengaluru-based technology startup Lavelle Networks.

The agreement is subject to statutory approvals.

“Airtel acquires about 25 per cent strategic stake in SD-WAN startup Lavelle Networks”, the company said in a statement.

Financial details about the deal were not disclosed.

Lavelle Networks specialises in software-defined Wide Area Network solutions, and it serves a range of industry segments.

“As more enterprises move to cloud-based applications to serve their customers in a digital-first ecosystem, they require on-demand and reliable network connectivity,” the release said.