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The Indian IT company Bharti Airtel has raised Rs 20 crore ($26.3 million) in fresh financing, adding to its existing $30 million investment in the startup.

The funding round, led by Fidelity Investments, was made at a valuation of $35 million ($55 million) by the company on Friday.

Bharti Airmail was founded by entrepreneur Rahul Goyal and former Telecom Minister M.V. Ananth Kumar in September last year, after the company went public in May last year.

The firm has raised $150 million in the last two years.BHARTI AERIAL BANKING The Bharat Sanchar Nigam Ltd.

has raised about Rs 100 crore ($130 million) from Infosys to invest in the Indian tech company.

Infosy is the world’s largest software company with a market capitalisation of $9.5 trillion ($11.3 trillion) and employs more than 70,000 people in India.

The government-backed investment is a further boost to India’s tech sector, where it is also helping launch a series of start-ups.

The investment is expected to generate a windfall for the company, which is already seeing growth in India as a result of Prime Minister Narendra Modi’s flagship Make in India initiative, which aims to create 100 million jobs by 2022.

Bharat Sanchandhan, the government-sponsored venture capital fund that also backed Infosyt, is set to invest a further Rs 1,000 crore in the company as well.