Intraday Tips, Airtel acquires strategic stake in FinTech startup Seynse

Telecom major Bharti Airtel on Wednesday reported that it has acquired a strategic equity stake in financial technology (FinTech) company Sense Technologies. According to the telecom major, it acquired a strategic equity stake in the FinTech company through its subsidiary Bharti Airtel Services. "Sense's advanced credit scoring algorithms based on multiple sources and digital analytics will add immense value to our innovation factory," Harman Mehta, Global Chief Information Officer, and Director - Engineering, Bharti Airtel, was quoted as saying in a statement.

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