Company lists
The Delhi edition · 2026

Telecom operatorscompanies in Delhi

Broadband, mobile operators, fiber optics, VoIP & calling, listed and more: the companies building telecom operators in Delhi, with their founders, funding, team size and business models.

104 company profiles41 with reported revenue2 with recorded fundingOctober 2026 edition
Delhi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent telecom operators business events in India

Funding, M&A, contract wins and launches involving 1,216 telecom operators companies in India, last 24 months: 167 Contracts · 46 M&A deals · 30 launches · 17 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Announced

Bharti Airtel acquires Airtel africa

The law firm, AZB & Partners, advised Bharti Airtel Limited in relation to a share swap deal with Indian Continent Investment Limited, Mauritius for the acquisition of stake in Airtel…

Telecommunications
ContractGovernment

Railtel corporation of india · client: Government of karnataka

RailTel has received a work order from the Additional Commissioner for Transport (Enforcement), Government of Karnataka for the implementation of an Intelligent Traffic Management System…

Digital infrastructure, smart mobility, traffic monitoring
FundingDebt

Vodafone idea

A consortium of lenders led by the State Bank of India (SBI) is considering extending Rs 25,000 crore in debt funding to Vodafone Idea, signalling improved lender confidence following…

Telecom
LaunchReliance Jio Rs 500 Plan

Reliance jio

Reliance Jio Rs 500 Plan Bundles YouTube Premium

Telecom Plan
LaunchCloudLyte

Tata communications

Tata Communications today unveiled its fully automated computing platform CloudLyte.

Platform
ContractService

Railtel corporation of india · client: Uttar Pradesh Police Recruitment and Promotion Board

RailTel's Rs 43.96 crore order from UP Police Recruitment Board to provide security-related ancillary services during recruitment examinations.

Security Services
ContractSupply

Hfcl · client: Na

HFCL also announced that it has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas…

Telecommunications Infrastructure
LaunchIZO™ DC Dynamic Connectivity

Tata communications

Tata Communications today redefined resilience for the global digital economy with the launch of IZO™ Data Centre* Dynamic Connectivity, a software‑defined platform designed to transform…

Software‑defined network platform
M&AAcquisition · Completed

Braiin acquires Vis networks

Following its recent listing on Nasdaq with an approximate market capitalisation of $1.62 billion (~INR 14,500 Crore) (as on 26th Mar 2026), global artificial intelligence and digital…

Customer Experience (CX) solutions
Funding

Wiom

Through 2025, the technology investor deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma, and Arivihan.

Investors Prosus
ContractSupply

Hfcl · client: A global multinational corporation

HFCL said it has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fibre Cables (OFC) through its overseas, wholly owned…

Telecommunications
ContractSupply

Pace Digitek · client: Railtel corporation of india

Pace Digitek has secured an advance Letter of Award worth ₹89 crore from RailTel Corporation of India. The company will supply, install, and commission an IP-based video surveillance…

Railway technology infrastructure
ContractSupply

Lineage power · client: Bharat sanchar nigam (bsnl)

Lineage Power, a material subsidiary of Pace Digitek, has received a purchase order valued at ₹943.51 million (~$10.46 million) to supply battery modules, racks, and associated…

Telecom
LaunchVoWiFi

Bharat Sanchar Nigam

Bharat Sanchar Nigam Ltd has announced an important pan India digital upgrade Voice over Wi-Fi popularly known as Wi-Fi Calling.

Voice over Wi-Fi service
Contract

Vodafone Group · client: Vodafone idea

Vodafone Group will set aside 3,280 million of its shares in Vodafone Idea for Vi’s benefit.

Telecom
ContractSupply

Lineage power · client: Bharat sanchar nigam limited

Pace Digitek Ltd on 31 December 2025 informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has received an advance purchase order worth ₹94.35 crore,…

Telecom
M&AAcquisition · Announced

Bharti enterprises acquires Haier India

Bharti Enterprises, led by billionaire Sunil Mittal, along with global private equity firm Warburg Pincus, is set to acquire a 49 per cent stake in Haier India, according to industry…

Home appliances
ContractSupply

Nvidia · client: Jio Platforms

NVIDIA has commenced the delivery of its latest GH200 AI chips to Indian partners Tata Communications and Jio Platforms.

AI Infrastructure
ContractInfrastructure

HFCL, Rail Vikas Nigam Limited (RVNL), Aerial Telecom Solutions · client: Bharat sanchar nigam limited

HFCL, along with its consortium partners Rail Vikas Nigam Limited (RVNL) and Aerial Telecom Solutions, emerged as the lowest (L1) bidders, earning over ₹8,100 crore contracts from Bharat…

Infrastructure
ContractTechnology

Sahana · client: Railtel corporation of india

Sahana System Limited, through a stock exchange filing, announced that it has received a Letter of Acceptance (LOA) from RailTel Corporation of India Ltd for a major technology…

Digital infrastructure
LaunchGTPL Infinity

Gtpl hathway

GTPL Hathway has taken a major step forward with the launch of GTPL Infinity, its new HITS (Headend in the Sky) platform built on one of the world’s largest C-Band teleports in Ahmedabad.

Platform
LaunchGTPL Infinity

Gtpl hathway

GTPL Hathway Limited today announced the launch of GTPL Infinity, it’s Headend in the Sky (HITS) platform that redefines digital broadcasting infrastructure and content delivery across…

Headend in the Sky (HITS) platform
M&AAcquisition · Completed

Na acquires Bharti Airtel

Cyril Amarchand Mangaldas (“CAM“) advised Goldman Sachs (India) Securities Private Limited (the “Placement Agent“) which acted as the placement agents for the sale of 34,300,000 equity…

M&AAcquisition · Announced

Long-term institutional investors acquires Airtel

Indian Continent Investment Limited (ICIL), part of Bharti Airtel's promoter group, sold 34.30 million shares representing 0.56% stake in the telecom major for Rs 7,200 crore through a…

Telecom
FundingBond sale

Bharti Telecom

India’s Bharti Telecom, the holding company of Bharti Airtel, is looking to raise $1 billion through a bond sale, its second in two months, two sources aware of the matter said on Friday.

Telecommunications
LaunchGoogle AI Pro

Reliance jio

Reliance Jio has widened access to its latest digital offer, allowing users of all age groups to claim 18 months of free Google AI Pro.

AI subscription
ContractTechnology

Chipex Technologies Private Limited · client: Mic electronics

MIC Electronics, through a stock exchange filing, announced that it has entered into a Memorandum of Understanding (MoU) with Chipex Technologies Private Limited to co-develop…

Semiconductor
ContractMaintenance

Pace Digitek · client: Tata teleservices

Pace Digitek Limited has secured a Rs. 185.87 crore Operation & Maintenance contract from Tata Teleservices, starting October 2025 for an initial 3.5 years with possible extension.

Telecom infrastructure

Telecom operators companies in Delhi, by revenue

Browse telecom operators companies in Delhi by reported revenue, one-year revenue growth, revenue model, age and stage. The 41 companies below are the largest by their most recent reported revenue among 41 telecom operators companies in Delhi that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 41

Global telecommunications company

Telecom operators
₹151,417.80 crFY 2023-24
Not reported
100,232+10% 12 mo to Mar 2024LinkedIn · Oct 2026
31 yr1995
40postings · last posted Oct 2026

Provider of international roaming, telephone, wifi, and broadband services

Telecom operators
₹23,446.15 crFY 2024-25
+10%2024–2025
12+97,766% vs previous recordLinkedIn · Oct 2026
26 yr2000
0none in 3 months

Provider of mobile telephony, broadband internet, and other related services

Telecom operators
₹7,337.50 crFY 2023-24
Not reported
—Not available
31 yr1995
—No postings tracked

Provider of telecom equipment and fiber cables

Telecom operators
₹4,122.28 crFY 2024-25
-10%2024–2025
3,889+8% 12 mo to Jul 2024LinkedIn · Oct 2026
39 yr1987
0none in 3 months · last posted Feb 2026

Provider of fibre optic internet and public WiFi network services

Telecom operators
₹3,551.04 crFY 2024-25
+35%2024–2025
2,378-1% 12 mo to Sep 2024LinkedIn · Oct 2026
26 yr2000
0none in 3 months

SIM cards, Forex cards and travel insurance

Telecom operators
₹100.26 crFY 2024-25
+18%2024–2025
19-10% 12 mo to Feb 2024recorded Feb 2024
21 yr2005
0none in 3 months

Provider of voip and internet services for business

Telecom operators
₹62.91 crFY 2024-25
+21%2024–2025
44LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Fixed wireless internet and TV services provider

Telecom operators
₹47.52 crFY 2024-25
+25%2024–2025
—Not available
18 yr2008
0none in 3 months

Cloud based platform offering software for lead generation

Telecom operators
₹33.00 crFY 2024-25
+51%2024–2025
48+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of passive communication infrastructure and own an intra-city underground fiber network connecting data centers

Telecom operators
₹21.38 crFY 2024-25
-24%2024–2025
53LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of optical fiber communication and quantum entanglement to provide innovative telecommunications products and services

Telecom operators
₹15.63 crFY 2024-25
+22%2024–2025
—Not available
21 yr2005
0none in 3 months

Provider of wi-fi management services

Telecom operators
₹12.71 crFY 2022-23
Not reported
23+80% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
—No postings tracked

Fixed line, wireless telecom and TV services provider

Telecom operators
₹13.19 crFY 2024-25
+18%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of wireless, fibre optic internet, and telephony services for homes and business sectors

Telecom operators
₹12.29 crFY 2024-25
+39%2024–2025
7LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of installation, commissioning, and technical support services for various industries

Telecom operators
₹9.24 crFY 2024-25
-33%2024–2025
750recorded
12 yr2014
0none in 3 months

Provider of voice and other telephony services for businesses

Telecom operators
₹9.18 crFY 2024-25
+17%2024–2025
91LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of cloud based business communication services

Telecom operators
₹8.43 crFY 2024-25
-30%2024–2025
—Not available
8 yr2018
0none in 3 months

Provider of business voip services

Telecom operators
₹6.82 crFY 2024-25
+33%2024–2025
4LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of voice communication services

Telecom operators
₹5.88 crFY 2024-25
+29%2024–2025
28LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of fiber internet services

Telecom operators
₹5.72 crFY 2024-25
+8%2024–2025
21LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of phone and business telephone services

Telecom operators
₹5.62 crFY 2024-25
+350%2024–2025
12LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of mobile telecommunication services

Telecom operators
₹5.02 crFY 2023-24
Not reported
10LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of wireless internet services

Telecom operators
₹4.41 crFY 2024-25
-19%2024–2025
—Not available
9 yr2017
0none in 3 months

Fixed line and wireless internet services provider

Telecom operators
₹4.10 crFY 2024-25
+18%2024–2025
—Not available
12 yr2014
0none in 3 months

Provider of application-to-person messaging, voice, and communication platform as a service

Telecom operators
₹3.51 crFY 2024-25
+170%2024–2025
—Not available
4 yr2022
0none in 3 months
41 of 104 companies shown here · the full list is on Radar
Fliar Radar

Explore all 104 telecom operators companies in Delhi on Radar

This page shows the top 41. Radar has the complete, filterable list with contacts and live company signals.

Open telecom operators in Delhi on Radar
  • Every company, not just 50All 104 telecom operators companies in Delhi, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore telecom operators companies in Delhi by what you are looking for

Browse telecom operators in Delhi and the major telecom operators in India, from mobile and broadband providers to fiber and VoIP companies. You can also find telecom startups in Delhi and see which telecom companies are hiring.

7 ways to explore telecom operators in Delhi

Broadband & internet service providersMobile & cellular network operatorsFiber optic network companiesVoIP, international calling & business communicationListed telecom operators in DelhiTelecom startups in Delhi

Broadband & internet service providers

Wired and wireless broadband and internet providers.

  1. RailTel Corporation of India

    Provider of fibre optic internet and public WiFi network services

    Telecom operators
    See in list
  2. DEN Broadband

    Fixed wireless internet and TV services provider

    Telecom operators
    See in list
  3. Gigatel Solutions

    Provider of passive communication infrastructure and own an intra-city underground fiber network connecting data centers

    Telecom operators
    See in list
  4. Anda Telecom

    Provider of optical fiber communication and quantum entanglement to provide innovative telecommunications products and services

    Telecom operators
    See in list
  5. i2e1

    Provider of wi-fi management services

    Telecom operators
    See in list

Mobile & cellular network operators

Cellular operators, MVNOs and mobile telephony providers.

  1. Matrix Cellular Services

    SIM cards, Forex cards and travel insurance

    Telecom operators
    See in list
  2. Roam1

    International Roaming SIM Card

    Telecom operators
    See in list
  3. 10digi

    Provider of internet and calling services

    Telecom operators
    See in list
  4. cellular operators association of india

    Cellular Operators Association of India is an industry association of GSM mobile service providers in India.

    Telecom operators
    Website
  5. Earth Roam

    Roaming SIM cards provider

    Telecom operators
    Website

Fiber optic network companies

Fiber-optic network providers and telecom infrastructure suppliers.

  1. Wibro Solutions

    Provider of wireless, fibre optic internet, and telephony services for homes and business sectors

    Telecom operators
    See in list
  2. Technica Fiber

    Provider of fiber optic network services

    Telecom operators
    See in list
  3. UltraNet

    Provider of fiber optic internet services

    Telecom operators
    Website
  4. Gigatel Solutions

    Provider of passive communication infrastructure and own an intra-city underground fiber network connecting data centers

    Telecom operators
    See in list
  5. Anda Telecom

    Provider of optical fiber communication and quantum entanglement to provide innovative telecommunications products and services

    Telecom operators
    See in list

VoIP, international calling & business communication

VoIP, international calling and business communication providers.

  1. Telecraft eSolutions

    Provider of voip and internet services for business

    Telecom operators
    See in list
  2. PRP Services

    Provider of voice and other telephony services for businesses

    Telecom operators
    See in list
  3. alta vida Technology

    Provider of business voip services

    Telecom operators
    See in list
  4. Roam1

    International Roaming SIM Card

    Telecom operators
    See in list
  5. VoiceCloud Technologies

    Cloud-based telephony solutions for businesses

    Telecom operators
    See in list

Listed telecom operators in Delhi

Publicly listed telecom operators in Delhi.

  1. Airtel

    Global telecommunications company

    Telecom operators
    See in list
  2. Bharti Hexacom

    Provider of mobile telephony, broadband internet, and other related services

    Telecom operators
    See in list
  3. HFCL

    Provider of telecom equipment and fiber cables

    Telecom operators
    See in list
  4. RailTel Corporation of India

    Provider of fibre optic internet and public WiFi network services

    Telecom operators
    See in list
4 companies in Delhi

Telecom startups in Delhi

Newer telecom companies founded in recent years in Delhi.

  1. Inbox Telecommunications

    Provider of application-to-person messaging, voice, and communication platform as a service

    Telecom operators
    See in list
  2. Dialmantra

    Provider of VoIP dailer services

    Telecom operators
    See in list
  3. Sangatech

    Provider of internet services

    Telecom operators
    See in list
  4. Airlive Communications

    Provider of broadband wireless network technology and end-to-end wireless backhaul solutions, offering a range of products and services for networking and surveillance applications

    Telecom operators
    Website
  5. Urja Digital World

    Provider of fiber net services for homes

    Telecom operators
    Website
8 companies in Delhi

Telecom operators hiring in Delhi

Telecom companies in Delhi with open roles right now.

  1. Airtel

    Global telecommunications company

    Telecom operators
    See in list
  2. HFCL

    Provider of telecom equipment and fiber cables

    Telecom operators
    See in list
  3. Excitel

    Provider of fiber-optic based internet services

    Telecom operators
    Website
3 companies in Delhi
Mobile reach

Top 10 telecom operators apps from Delhi

The most-installed Android apps published by telecom operators companies headquartered in Delhi — 59.9M installs between them. 25 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

My Airtel - Bangladesh

by Airtel

Installs44.2M
Rating4.7886K ratings
Installs, year on year+30%
Last updatedApr 2026
View on Google Play ↗
My Airtel - Bangladesh screenshot 1My Airtel - Bangladesh screenshot 2My Airtel - Bangladesh screenshot 3My Airtel - Bangladesh screenshot 4My Airtel - Bangladesh screenshot 5My Airtel - Bangladesh screenshot 6
3

my Excitel

by Excitel

Installs2.8M
Rating3.66104K ratings
Last updatedMay 2026
View on Google Play ↗
my Excitel screenshot 1my Excitel screenshot 2my Excitel screenshot 3my Excitel screenshot 4my Excitel screenshot 5my Excitel screenshot 6
8

10digi Mobile Retailer

by 10digi

Installs14K
Rating—
Last updatedAug 2024
View on Google Play ↗
10digi Mobile Retailer screenshot 110digi Mobile Retailer screenshot 210digi Mobile Retailer screenshot 3
9

SPIRENET

by Spirenet

Installs13K
Rating—
Last updatedJan 2026
View on Google Play ↗
SPIRENET screenshot 1SPIRENET screenshot 2SPIRENET screenshot 3SPIRENET screenshot 4SPIRENET screenshot 5SPIRENET screenshot 6
The business behind the activity

Telecom operators financials in Delhi

Revenue, profit and growth from the filed annual accounts of 39 telecom operators companies in Delhi for FY24-25 — 43 of the 104 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 100% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹146,456.07 cr

39 companies filing accounts

combined net profit₹23,076.07 cr

15.8% aggregate margin

are profitable74%

28 of 39 companies

median revenue~₹5.6 cr

the typical company

median revenue growth+15%

into FY24-25

earned by the top five100%

revenue concentration

Six-year view

Combined revenue of filing companies

₹24,205.95 crFY19-2035 filers
₹24,942.83 crFY20-2137 filers
₹30,700.92 crFY21-2239 filers
₹121,533.26 crFY22-2341 filers
₹127,158.25 crFY23-2442 filers
₹146,456.07 crFY24-2539 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 37 companies over three years

+25%
FY22-23₹117,085.59 cr−₹7,723.11 cr net
FY23-24₹127,148.90 cr₹190.84 cr net
FY24-25₹146,451.96 cr₹23,076.05 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr944% profitable
₹1–10 cr1776% profitable
₹10–100 cr989% profitable
₹100–1,000 cr0—
Over ₹1,000 cr475% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking13
0–20%13
20–50%10
50–100%1
Doubled+2

39 companies with accounts for both years; median growth +15%.

Profitability

Profit is concentrated at the top

28profitable
10loss-making
15.8%aggregate margin
1.4%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Go2MarketGO 2 MARKET INDIA PRIVATE LIMITED+51%₹33.00 cr
Wibro SolutionsWI-BRO SOLUTIONS PRIVATE LIMITED+39%₹12.29 cr
RailTel Corporation of IndiaRAILTEL CORPORATION OF INDIA LIMITED+35%₹3,551.04 cr
DEN BroadbandDEN BROADBAND LIMITED+25%₹47.52 cr
Matrix Cellular ServicesMATRIX CELLULAR (INTERNATIONAL) SERVICES PRIVATE LIMITED+25%₹93.00 cr
Anda TelecomANDA TELECOM PRIVATE LIMITED+22%₹15.63 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
DEN BroadbandDEN BROADBAND LIMITED29.4%₹47.52 cr
AirtelBharti Airtel Limited21.3%₹110,308.60 cr
Bharti HexacomBharti Hexacom Limited17.1%₹8,729.70 cr
Bharti EnterprisesBHARTI ENTERPRISES LIMITED₹61.40 cr
Gigatel SolutionsGIGATEL SOLUTIONS PRIVATE LIMITED13.6%₹21.38 cr
RailTel Corporation of IndiaRAILTEL CORPORATION OF INDIA LIMITED8.4%₹3,551.04 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Telecom operators38₹146,456.07 cr~₹5.7 cr76%15.8%
Leaders

Largest telecom operators companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AirtelBharti Airtel Limited₹110,308.60 cr₹23,501.80 cr21.3%+15%
Bharat Sanchar NigamBHARAT SANCHAR NIGAM LIMITED₹23,426.52 cr−₹2,246.52 cr-9.6%+10%
Bharti HexacomBharti Hexacom Limited₹8,729.70 cr₹1,493.60 cr17.1%+19%
RailTel Corporation of IndiaRAILTEL CORPORATION OF INDIA LIMITED₹3,551.04 cr₹299.81 cr8.4%+35%
Matrix Cellular ServicesMATRIX CELLULAR (INTERNATIONAL) SERVICES PRIVATE LIMITED₹93.00 cr₹35.35 lakh0.4%+25%
Telecraft eSolutionsTELECRAFT E-SOLUTIONS PRIVATE LIMITED₹62.91 cr₹2.43 cr3.9%+21%
Bharti EnterprisesBHARTI ENTERPRISES LIMITED₹61.40 cr₹8.87 cr+3%
DEN BroadbandDEN BROADBAND LIMITED₹47.52 cr₹13.99 cr29.4%+25%
Go2MarketGO 2 MARKET INDIA PRIVATE LIMITED₹33.00 cr₹60.87 lakh1.8%+51%
Gigatel SolutionsGIGATEL SOLUTIONS PRIVATE LIMITED₹21.38 cr₹2.90 cr13.6%-24%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

AdTech Industry Landscape of Delhi

The financials above are one chapter. The full telecom operators landscape of Delhi maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the telecom operators landscape of Delhi
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Telecom operators funding and M&A across India

72 recorded equity rounds have gone to 1,216 telecom operators companies in India — how much, at which stage, into which sub-sectors, from whom, and how Delhi compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months3

US$63.00m

raised over five yearsUS$238.97m

16 rounds in India

M&A deals, India46

last 24 months

Capital by year

Equity funding into telecom operators in India

amount rounds
$5.4m20185
$14m20195
$20bn202015
$22m20214
$33m20225
$17m20231
$104m20243
$63m20253

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2020, with US$20.11bn across 15 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$33k2 rounds · median US$33k
SeedUS$9.13m4 rounds · median US$2.30m
Series AUS$28.69m3 rounds · median US$10.00m
Series BUS$76.65m3 rounds · median US$21.00m
Series CUS$124.46m4 rounds · median US$23.50m
Where the money went · five years

Most-funded sub-sectors

Telecom infrastructure techUS$136.61m4 rounds · 1 companies
Telecom operatorsUS$92.35m11 rounds · 6 companies
It servicesUS$10.00m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

40Acquisition
6Merger

Most active acquirers

  1. Bharti Telecom9
  2. Reliance jio5
  3. Bharti Airtel4
  4. Tata communications3
  5. Sar televenture3

Most acquired or merged

  1. Bharti Airtel6
  2. Airtel4
  3. Vodafone idea4
  4. Indian Continent Investment3
  5. Commotion2

Each deal appears in the events strip at the top of the page.

Founders and momentum in Delhi

Meet the people behind telecom operators companies in Delhi. 19 of 104 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring telecom operators in India and nearby markets.

Coming soon