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NIIF picks up majority stake in digital infra startup iBus for $200 million, ET Telecom

“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.

Soracom to Enhance Sollatek s Commercial Refrigeration Systems with Advanced Connectivity

Soracom to Enhance Sollatek s Commercial Refrigeration Systems with Advanced Connectivity
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NIIF picks up majority stake in iBus for $200 million; startup eyes acquisitions in IBS, managed Wi-Fi, ET Telecom

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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