April 2, 2025
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SAR Televenture acquires majority stake in Tikona Infinet
(20 second reading) NSE-listed SAR Televenture Limited has acquired a majority stake in internet provider Tikona Infinet Limited through a Rs 578-crore share swap deal. This acquisition makes SAR Televenture the third-largest player in the enterprise broadband sector, expanding its footprint in the fast-growing connectivity market. Tikona, with licenses for broadband, leased lines, and VPNs, serves customers in 25+ cities. Managing Director Rahul Sahdev emphasized the deal’s importance in strengthening SAR’s portfolio of high-speed broadband, fiber-optic, and 4G/5G services, enhancing connectivity across India.
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