City
Epaper

Airtel acquires strategic stake in Spectacom from Devils Circuit

By ANI | Updated: March 12, 2020 14:50 IST

Bharti Airtel said on Thursday it has acquired a strategic stake in Spectacom Global under its startup accelerator programme which focuses on supporting the growth of early-stage Indian startups.

Open in App

New Delhi [India], Mar 12 : Bharti Airtel said on Thursday it has acquired a strategic stake in Spectacom Global under its startup accelerator programme which focuses on supporting the growth of early-stage Indian startups.

Spectacom has been conceptualised to produce path-breaking digital content that allows people across languages, geographies and fitness levels to connect with each other and explore innovative health and fitness training programmes.

It is the brainchild of Adnan Adeeb and Zeba Zaidi, the creators of Devils Circuit military-style obstacle races. Devils Circuit is now India's biggest X sports platform with two million-strong community, including young people from smaller towns.

Airtel said it will work closely with Spectacom to help increase awareness and encourage individuals to overcome mental barriers to achieve their full potential.

Adarsh Nair, Chief Product Officer at Bharti Airtel, said the company believes that X Sports, which are all about fitness, aligns well with Airtel brand.

"With deep penetration of mobile internet in India, the potential to grow the adoption of Devils Circuit style X Sports among youth is immense. This also fits into Airtel's strong focus on connecting with the youth and providing them digital platforms to fulfil their aspirations," he said in a statement.

( With inputs from ANI )

Open in App

Related Stories

EntertainmentParineeti Chopra & Raghav Chadha's son Neer gets personalised gift on his first Christmas

NationalDelhi CM Rekha Gupta leads events to commemoration of 'Veer Bal Diwas'

AurangabadSara Khare’s Arangetram marks debut on stage

EntertainmentDhurandhar Day 21 Box Office Collection: Ranveer Singh Film Earn Rs. 26 Cr on Third Thursday; Check Day-Wise Earnings

Other SportsVijay Hazare Trophy: Rinku helps UP thrash Chandigarh; Shorey’s hundred helps Vidarbha beat Hyderabad

कारोबार Realted Stories

BusinessIndian Railways to double train origination capacity of 48 major cities by 2030

BusinessShared taxis, EVs key to pollution control strategy: Delhi CM

BusinessIndian Coast Guard signs deal with L&T for Six Rail-Less Helo Traversing Systems

BusinessEPFO offices to be redeveloped as Single-Window Service Centres: Mandaviya

BusinessPremium housing prices see 36% jump across Indian cities in 2025: Report