Airtel Money plans London IPO after over $400 million Q1
Business
Airtel Money, Bharti Airtel's mobile payments platform, just announced plans to go public in London in the second half of 2026.
The service (which lets users send money from their phones) saw its revenue jump 26% to over $400 million in Q1, growing at 26% year-on-year in constant currency terms.
Executive VC Gopal Vittal highlighted that with 64% of adults in Airtel's markets still unbanked, there's huge room for growth.
Bharti Airtel profits up 37%
Bharti Airtel had a strong quarter, with profits up 37%, more people using data and higher-value plans, and 33 lakh revenue-earning customers added.
The company also boosted its stake in Airtel Africa to over 79%, aiming for even bigger impact across India and Africa.