Digital infrastructure solutions company iBUS, on Wednesday said, that it has raised $200 million from the government-backed National Investment and Infrastructure Fund Limited (NIIF) to support the growth of India's digital infrastructure.New .
“We were looking for the right investment partner and with NIIF we found partners who are completely aligned with our vision. iBUS can deliver at scale and we are here to transform connectivity in the country at scale, speed, and the right value,” Sellaratnam added.
Ibus Raises $200 Mn From NIIF To Fuel Digital Infrastructure Expansion In India menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
iBus aims to leverage freshly raised funds towards scaling its operations through organic and inorganic initiatives. It also aims to further strengthen its position in in-building solutions (IBS), outdoor small cells and managed WiFi services while expanding its presence in new emerging sectors such as Internet of Things (IoT) solutions.
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