Bharti Airtel has reportedly formed a new step-down wholly owned subsidiary named ‘Airtel Money Limited,’ as per a recent regulatory filing.
The company was incorporated on July 8, 2025 with an initial authorised share capital of Rs 10,00,000 and a paid-up share capital of Rs 1,00,000. The investment is categorised as a related party transaction, with shares allotted at par value on an arm’s length basis, the filing noted.
Airtel Money Wallet, which is a digital wallet service offered by Airtel Payments Bank, Airtel’s non-banking financial arm, allows users to make payments, recharge phones, and settle utility bills directly from their mobiles. The new entity is expected to bolster Airtel’s position in the expanding digital payments market.
