Bharti Plans To Foray Into PE Space

Bharti Enterprises, Sunil Mittal-promoted, is looking at entering the investments space by being strategic partners in new businesses. The company has inducted a senior ICICI Ventures executive to lead the initiative with the mandate to identify new business opportunities where Bharti Enterprises can invest. Bharti Enterprises is the parent company of the Sunil Mittal group with investments in Bharti Airtel, financial services venture Bharti Axa and fresh food and vegetables distribution business Field Fresh. And also, Bharti Enterprises will look at investments in mutual funds and sundry other financial instruments.