Airtel picks up a stake in cloud communications startup Waybeo, which builds AI-based telecom solutions

BCCL
  • Indian telecom giant Airtel has picked up a strategic stake in Trivandrum-based cloud telephony startup Waybeo.
  • This is the fifth startup to be inducted into the Airtel Startup Accelerator program.
  • Waybeo also works on AI-powered call tracking for sales and marketing.
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Indian telecom giant Airtel has picked up a strategic stake in Trivandrum-based cloud telephony startup Waybeo. This is the fifth startup to be inducted into the Airtel Startup Accelerator program.

“Cloud technologies are transforming the way businesses serve and delight their customers. We are thrilled to onboard Waybeo to our Startup Accelerator program and provide them a platform to scale up their technologies as part of Airtel’s world-class cloud services ecosystem,” said Adarsh Nair, Chief Product Officer, Bharti Airtel in a statement.

Airtel Startup accelerator program
Launch2019
Startups scaled/funded5
StageEarly stage
Startups inductedVahan, Quikmile, Voicezen, Lattu Kids and Waybeo

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The 11-year old startup Waybeo focusses on deep AI-based analytics for cloud telephony, which is the technology that moves your business phone system to the cloud. It also works on AI-powered call tracking for sales and marketing.

“We are really focused on enterprise adoption for our call intelligence tools. Most of the enterprises drive hundreds of thousands of phone calls a month. There is no analytics, no automation, and no means to optimize the customer experience. We look at strategic investment from Airtel as an opportunity to scale our technology and enterprise reach,” said Krishnan RV, CEO, Waybeo, in a statement.

Waybeo already has clients like HP, Royal Enfield, Ford, among others.

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