NIIF has invested USD 200 million (about Rs 1,660 crore) investment in iBUS Network and Infrastructure Private Limited to support the growth of India’s digital infrastructure.

Banking & Finance

The National Investment and Infrastructure Fund (NIIF) has invested USD 200 million (about Rs 1,660 crore) investment in iBUS Network and Infrastructure Private Limited (iBUS) to support the growth of India’s digital infrastructure. The funds raised will be deployed towards scaling iBUS’ operations through organic and inorganic growth initiatives. iBUS aims to strengthen its position as a leader in in-building solutions, outdoor small cells and managed WiFi services, while expanding its presence in new emerging sectors, such as IoT solutions. Additionally, investments will be directed towards developing new infrastructure solutions to address evolving market demands and technological advancements.


     

     

     

 

     


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