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Bharti Airtel to invest 20,000 crore in NBFC unit to step up digital lending

Bharti Airtel plans to build Airtel Money as its next growth engine and diversify its telecom business into data centres, and cloud and enterprise services.

Updated on: Feb 23, 2026, 20:23:18 IST
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Bharti Airtel Ltd. plans to invest 20,000 crore into its financial services units over the next few years, as India's second largest telecom operator looks to step up digital lending.

Bharti Airtel's fund infusion into Airtel Money comes as competition builds in India’s NBFC space dominated by Bajaj Finance. (Reuters)
Bharti Airtel's fund infusion into Airtel Money comes as competition builds in India’s NBFC space dominated by Bajaj Finance. (Reuters)

The billionaire Sunil Mittal-led company will contribute 70% of the 20,000-crore infusion into Airtel Money, which secured an NBFC licence from Reserve Bank of India on 13 February, according to an exchange filing on Monday (23 February 2026). Bharti Enterprises Ltd. will pool in the rest.

The move “will leverage the large Airtel customer base to build the next growth engine for the company and further diversify its portfolio”.

Airtel's expansion comes as competition intensifies in India’s non-bank financial services space dominated by Bajaj Finance Ltd. Arch rival Reliance Jio Infocomm Ltd. recently entered the lending industry with Jio Financial Services Ltd.

The move also comes at a time when Bharti Airtel is looking to diversify beyond telecom into data centres, cloud and enterprise services.

 
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