Bharti Enterprises

Bharti Enterprises Limited

Airtel Centre, Headquarters of Bharti Foundation
Type	Private
Industry	Conglomerate
Founded	1976; 45 years ago (1976)
Founder	Sunil Bharti Mittal
Headquarters	New Delhi, India
Area served	Worldwide
Key people	Sunil Bharti Mittal (Founder & Chairman) Rakesh Bharti Mittal (Vice Chairman) Rajan Bharti Mittal (Vice Chairman) Akhil Gupta (Vice Chairman)
Products	Telecommunications Retail Insurance Digital TV Real estate Solar energy
Revenue	US$16.5 billion (2014)
Net income	₹48 billion (US$670 million) (2012)
Number of employees	14,485 (2021)[1]
Subsidiaries	Bharti Airtel Bharti Telemedia Ltd. Bharti AXA General Insurance(Merged with ICICI Lombard General Insurance) Bharti AXA Life Insurance(Merged with ICICI Lombard General Insurance) Bharti Infratel Bharti Realty Beetel Teletech Centum Learning FieldFresh Foods Indus Towers Bharti Del Monte India Private Limited Bharti Insurance Holdings Private Limited Bharti Ventures Limited Bharti Resources ELRo Holdings India GIBA Holdings Private Limited OneWeb (42.2%)
Website	www.bharti.com

Bharti Enterprises is an Indian multinational conglomerate, headquartered in New Delhi. It was founded in 1976 by Sunil Bharti Mittal. Bharti Enterprises owns businesses spanning across manufacturing, telecommunications, agribusiness, financial services, real estate, hospitality, agri and food. Bharti Airtel, the group's flagship company, is a telecom service provider with operations in more than 18 countries across Asia, North America, Africa & Europe. The company ranks amongst the top two mobile network operators globally in terms of subscribers.

History[]

The company was founded by Sunil Bharti Mittal with his two siblings in 1976. The company initially started manufacturing bicycles before diversifying into other sectors. It entered into telecommunications industry in 1995.^{[citation needed]}

Companies[]

Coverage map of Bharti Airtel across 18 countries

Bharti is present in many sectors with the largest revenue contribution coming from the telecom industry.

Bharti Airtel[]

Bharti Airtel Ltd is the third largest mobile operator in the world, in subscriber base, and has a presence in 18 countries.^[2] The company is India's second largest integrated telecom company in customer base and offers mobile, fixed line, high speed home broadband, m commerce, DTH and enterprise service.

Bharti Infratel[]

In India, Bharti Infratel owns over 38,500 towers across 11 circles. It plans to spend ₹1,086 crore to set up 4,813 new towers. Bharti Infratel also has a 42% stake in Indus towers.^[3]

Brightstar Telecommunications India Ltd[]

Brightstar Telecommunications India Ltd is India's leading telecom and allied products company. It is one of the world's largest manufacturers of land-line telephones. With a strong distribution network across the country, the company is the primary distributor of IT and telecom products from international brands such as RAD, Huawei, Radwin, Polycom, SonicWall, and Accops.^[4]

Field Fresh Foods[]

Field Fresh Foods is a joint venture between Bharti Enterprises and DMPL India Ltd. (a subsidiary of Del Monte Pacific Ltd.). The company offers fresh fruits and vegetables and processed foods and beverages in the domestic and international markets.^{[citation needed]}

Bharti AXA General Insurance and Life Insurance[]

Bharti AXA General Insurance Company Limited is a joint venture between Bharti Enterprises and AXA. The joint venture company has a 51% stake from Bharti Enterprises and 49% stake of the AXA Group. They have PAN India presence through 135 branches and offer insurance solutions for motor and two-wheeler, health and critical illness, property and student, individual and family travel and crop insurance.^[5]

Bharti AXA General Insurance launched its new app ‘Krishi Sakha’ to cater to the specific needs of the farmers in the country and guide them in adopting best farming practices and enhancing productivity.^[6]

On 8th September Bharti AXA General Insurance is merged with ICICI Lombard General Insurance . [1]

Centum Learning[]

Centum Learning (formerly Bharti Learning Systems Limited), is a wholly owned subsidiary of Bharti Enterprises.^[7]

Bharti Realty[]

Bharti Realty is the in-house real estate arm for Bharti Group and facilitates by extending support to the Group Companies for identifying, developing and maintaining real estate.^{[citation needed]}

OneWeb[]

A 50% stake in OneWeb was acquired in July 2020, being a joint venture with the UK Government.^[8]

Group's Philanthropic Initiatives[]

Bharti Foundation is the philanthropic arm of Bharti Enterprises. The Foundation has established schools in villages across India and offers free quality education with free books, uniform and mid day meals to poor children.^[9] Satya Bharti School Program' – the Foundation's flagship program is running 254 schools in six States serving over 45,000 rural children, free of cost. The other educational initiatives including the – Satya Bharti School, Quality Support and Learning Centre Programs, are currently reaching out to over 350,000 underprivileged children in 16 states. Other Program of the Foundation making considerable impact among the underprivileged sections is – 'Satya Bharti Abhiyan' (Sanitation).

In 2017, the Bharti Family pledged 10% of wealth (approx. Rs 70 billion) towards Philanthropy to set up Satya Bharti University, a world-class University to offer education to deserving youth from economically weaker sections of society.^{[citation needed]}

Former companies[]

Bharti Walmart[]

Bharti Enterprises tied-up with Walmart for opening a chain of retail stores all over India. The companies, in August 2007, made a surprise statement that they have signed a wholesale cash-and-carry deal. The first Best Price Modern Wholesale opened in Amritsar in May 2010.^{[citation needed]} This partnership has now ended.

References[]