A5G Networks obtains funding from Bharat Innovation Fund
A5G Networks, a provider of distributed and autonomous 5G Core network software, said it has secured funding from India’s deeptech-focused venture capital fund, Bharat Innovation Fund.
The company did not disclose financial details of the transaction, but added that the financing will be used to expand its team, engage with global customers for mobile network transformation and accelerate growth.
A5G Networks most recently partnered with Vodafone Idea for a private network pilot in Mumbai using the telco’s existing 4G spectrum. The two will also work to enable industry 4.0 and smart mobile edge computing here.
"We are excited to partner with A5G Networks in building the next generation core for both private and public networks. The networks of tomorrow require a pivotal shift to realize the full promise and potential of 5G and beyond," said Som Pal Choudhury, Investor and Board Member of A5G Networks and Partner at Bharat Innovation Fund.
Bharat Innovation Fund is a pre-series-A/series-A fund led by seasoned investment and technology professionals with a focus on IP-driven deep tech solutions.
"We are excited to be a part of this important journey to transform the mobile packet core infrastructure with Bharat Innovation Fund," said Kaitki Agarwal, Founder, President and CTO of A5G Networks, Inc.
A5G Networks has a strong partner ecosystem and is a member of Nephio and Intel Network Builders, running on Intel Smart Edge Open.