Ibus will be deploying the funds to scale operations in an organic way by expanding its capacities and for inorganic growth, according to a statement. The company aims to strengthen its position as a leader in in-building solutions, outdoor small cells and managed WiFi services and expand its presence in new emerging sectors like Internet of Things (IoT) solutions, it added.
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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.