What SAR Televenture does

SAR Televenture Limited is an Indian telecom infrastructure company that builds, owns, and leases 4G and 5G-ready telecom towers, fiber-to-the-home (FTTH) networks, and integrated smart systems across 20+ states and 75+ cities. Founded in 2019 and publicly listed on NSE SME via a ₹25 crore IPO in November 2023, the company operates four interconnected product lines: Tower Infrastructure (over 1,250 towers with co-location and long-term leasing), FTTH Infrastructure (end-to-end fiber networks for telecom operators, ISPs, and enterprises), Smart Systems (CCTV, access control, fire alarms, intercom, boom barriers, parking management, and home automation), and Enterprise Solutions (custom-built connectivity for commercial real estate). The company has expanded through acquisitions including Fusionnet and Parametrique (FTTH and smart systems, August 2024), Tikona Infinet (₹578 crore, August 2025, making it the third largest player in India's enterprise broadband segment), and Blue Lotus Support Services and Whitefield Communications (₹800 crore, October 2025, expanding southern India presence). It also acquired a 70.17% controlling stake in Grand Foundry Limited (to be renamed Tikona Communication Limited) in July 2026.

The company serves telecom operators (Bharti Airtel, BSNL), real estate developers (DLF, Tata Housing, Tata Realty, Max Estates, Paras Buildtech, Raheja, Sunworld, ATS, Shantigram, Logix, M2K), local cable operators (LCOs), and enterprise customers across India. Revenue is generated through long-term tower leasing contracts and co-location arrangements (recurring), managed FTTH network services, one-time smart systems installations, and enterprise broadband subscriptions under the Fusionnet and Comway consumer brands. Pricing is B2B and quote-based, not publicly disclosed. Distribution relies on direct enterprise sales, real estate developer partnerships, and consumer broadband brands; the company operates an NSE SME-listed public stock structure with notable institutional investors including Madhu Kela's Founder Collective Fund and Choice Strategic Advisors.

For FY26 (year ended March 31, 2026), SAR Televenture reported revenue of ₹522.11 crore (+49% YoY), net profit of ₹72.49 crore (+55% YoY), and EBITDA of ₹99.75 crore (+62% YoY) with margins expanding to 19.10%. The company is headquartered in Noida, Uttar Pradesh, employs 501-1,000 people, and has deployed over ₹2,000 crore across acquisitions and capital raises since its IPO.

Name

SAR Televenture

Legal name

SAR Televenture Limited

Website

https://sarteleventure.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SAR Televenture is an Indian telecom infrastructure company that builds, leases, and operates 4G/5G towers, FTTH fiber networks, and smart systems for telecom operators, ISPs, real estate developers, and enterprises across 20+ states in India.

Ownership category

akta.pro rank

Product category

Telecom Infrastructure Services

NAICS

Wired Telecommunications Carriers (517111), Wireless Telecommunications Carriers (except Satellite) (517112)

SIC

Telephone Communications (No Radiotelephone) (4813), Communications Services, Nec (4899)

akta.pro primary industry

Real Estate, Leasing & Colocation Management (Landlords/REITs) (HDAIAKAJ)

akta.pro secondary industries

Fiber-to-the-Premises (FTTP/FTTH) Broadband Providers (HDAIABAC), Business/Enterprise Fixed Connectivity Providers (SME/Enterprise Broadband) (HDAIABAI)

Keywords

• Telecom infrastructure services
• Tower infrastructure lease
• FTTH deployment solutions
• Smart building systems
• Enterprise connectivity services

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Tower Infrastructure Leasing: Long-term leasing of telecom towers to telecom operators, ISPs, and enterprises with co-location options. Recurring revenue from tower sharing arrangements.
2. FTTH Network Services: Deployment, management, and leasing of fiber networks to telecom operators, ISPs, and LCOs. Flexible models help service providers expand network reach without heavy investments.
3. Smart Systems Solutions: Sales and deployment of smart automation and security solutions including CCTV surveillance, access control, fire alarms, intercom systems, boom barriers, and parking management for residential and commercial properties.
4. Enterprise Solutions: Enterprise-grade connectivity and digital infrastructure solutions including fiber networks, tower infrastructure, and integrated security systems for businesses, malls, offices, and IT parks.
5. Broadband and Leased Line Services: High-speed broadband and leased line services through Fusionnet and Comway brands to homes and enterprises, supporting the company's position as the third largest player in India's enterprise broadband segment.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

SAR Televenture Limited builds, owns, and leases telecom tower infrastructure (4G/5G), deploys FTTH fiber networks, and provides smart systems and enterprise connectivity solutions to real estate developers, telecom operators, and large enterprises. It also delivers consumer broadband services through its owned brands Fusionnet, Comway, and Parametrique. The company operates as a vertically integrated telecom infrastructure and connectivity partner across India.

Product overview

SAR Televenture is a telecom and digital infrastructure company offering a portfolio of four interconnected core products: Tower Infrastructure (builds and manages telecom towers for 4G/5G connectivity), FTTH Infrastructure (fiber-to-the-home networks for high-speed broadband), Smart Systems (security and automation solutions including CCTV, access control, and smart home devices), and Enterprise Solutions (custom-built connectivity for businesses and commercial spaces). The company has expanded through acquisitions including Fusionnet and Parametrique for FTTH and smart systems capabilities, and operates consumer-facing broadband brands Comway (affordable broadband) and Fusionnet (premium broadband and leased lines). The company also acquired Tikona Infinet to become the third largest player in India's enterprise broadband segment, gaining access to ISP Category-A and National Long Distance licenses.

Differentiator

Problem solved

Functional benefit

Brands

• Fusionnet: Provides broadband and leased line services directly to homes and enterprises with high-speed connectivity.
• Comway
• Parametrique

Products and services

• Tower Infrastructure Build, own, and lease 4G/5G telecom tower infrastructure to telecom operators and enterprises across India.
• FTTH Infrastructure End-to-end fiber-to-the-home network deployment and management for residential developments, enterprises, and operators.
• Smart Systems IoT and integrated smart technology solutions for buildings, enterprises, and connected developments.
• Enterprise Solution Custom enterprise connectivity and telecom infrastructure solutions delivered to large real estate developers and corporate clients.
• Fusionnet Broadband Consumer and small business broadband internet service offered under the Fusionnet brand.
• Comway Broadband Consumer broadband service delivered under the Comway brand.
• Parametrique Broadband Consumer broadband service delivered under the Parametrique brand.

Quantifiable outcome

• 49% YoY revenue growth to ₹522.11 crore in FY26
• +5 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core, minor and major.

• Grand Foundry LimitedcoreStrategic or Co-development Partner · 9 July 2026SAR Televenture acquired 70.17% controlling stake at ₹2.50 per share through open offer. Following acquisition, Grand Foundry reconstituted its board with Mr. Deepak Chaudhary appointed as Managing Director. Post-offer shareholding: 70.17% SAR Televenture, 29.83% public. Company also approved name change to Tikona Communication Limited.
• Blue Lotus Support ServicescoreStrategic or Co-development Partner · 27 October 2025Acquired for ₹800 crore alongside Whitefield Communications. Aligns with SAR Televenture's expansion strategy in telecom infrastructure, strengthening presence in southern India and supporting growth in 5G rollout.
• Whitefield CommunicationscoreStrategic or Co-development Partner · 27 October 2025Acquired for ₹800 crore alongside Blue Lotus Support Services. Part of SAR Televenture's expansion strategy in telecom infrastructure to strengthen presence in southern India and support 5G rollout growth.
• Tikona Infinet LimitedcoreStrategic or Co-development Partner · 2 April 2025Acquired majority stake for ₹578 crore in share swap deal. Tikona holds Unified License (ISP, Category-A) and National Long Distance license. Acquisition positioned SAR Televenture as third largest player in India's enterprise broadband segment, expanding service offerings to include high-speed broadband, fiber-optic connectivity, and 4G/5G network solutions.
• GTPLminorChannel Partner/ Reseller/ DistributorTechnology partner providing cable TV and broadband services. Collaboration supports SAR Televenture's fiber and connectivity infrastructure deployments.
• Tata Group (TATA, Tata Realty, Tata Housing)majorTechnology or IntegrationTechnology and integration partner for telecom infrastructure solutions. Tata companies serve as both technology partners and customers for SAR Televenture's tower, fiber, and smart systems solutions.
• BSNLmajorChannel Partner/ Reseller/ DistributorStrategic partnership with BSNL for telecom infrastructure and connectivity services. BSNL is a key customer and potential channel partner for tower infrastructure and broadband services.
• Bharti AirtelmajorChannel Partner/ Reseller/ DistributorTechnology partner for telecom infrastructure services. Airtel is a key telecom operator customer for tower infrastructure and network solutions.
• TATA PlayminorChannel Partner/ Reseller/ DistributorPartnership for digital content and connectivity solutions, supporting bundled services with SAR Televenture's fiber and broadband infrastructure.

Scale indicators14 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Indus Towers: India's largest telecom tower infrastructure company with ~200,000+ towers, providing passive infrastructure and co-location services to telecom operators. Directly comparable to SAR Televenture's core tower leasing business and shares key customers like Bharti Airtel and Vodafone Idea.
• American Tower (ATC India): Global tower REIT with significant Indian operations through ATC India, providing tower infrastructure and co-location services to wireless carriers. Directly comparable passive infrastructure model and long-term lease economics mirror SAR Televenture's tower business.
• GTL Infrastructure: Indian telecom tower infrastructure company providing passive infrastructure services and tower co-location to telecom operators. Mid-sized tower operator serving similar Indian telecom operator customers as SAR Televenture.
• Sterlite Technologies (STL): Indian optical fiber cable manufacturer and digital networks integrator serving telecom operators, ISPs, and enterprises with fiber infrastructure. Comparable in the FTTH/fiber optic infrastructure deployment business and serving similar Indian telecom operator customers.
• HFCL: Indian telecom equipment manufacturer specializing in optical fiber cables, network equipment, and telecom infrastructure solutions. Comparable fiber optic cable and telecom infrastructure offerings to SAR Televenture's FTTH network deployment.
• GTPL Hathway: Indian cable TV and broadband service provider offering FTTH/broadband services through cable infrastructure across India. Comparable as a channel partner of SAR Televenture and operates in overlapping broadband/cable TV segments in India.

Regional players

• Hathway Cable & Datacom: Indian broadband and cable TV operator providing high-speed broadband through fiber and cable infrastructure. Comparable broadband/FTTH services to SAR Televenture's Comway and Fusionnet consumer broadband brands, though primarily operates in different Indian geographies.

Broad incumbents

• Bharti Airtel: India's second-largest telecom operator providing mobile, broadband, and digital services. Listed as a customer and technology partner of SAR Televenture; serves as both buyer of tower infrastructure and competitive force in the broadband market.
• Reliance Jio (Reliance Industries): India's largest telecom operator with extensive fiber and tower infrastructure, also operates JioFiber broadband service. Much larger scale competing in the same enterprise broadband and tower markets where SAR Televenture operates.
• Tata Communications: Indian enterprise telecommunications service provider offering network services, data center, and managed connectivity solutions. Comparable enterprise-grade connectivity offerings and serves overlapping enterprise customer base in India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SarTeleventure

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SAR Televenture