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NIIF Infuses $200 Mn In Digital Infra Solutions Company iBUS

Inc42 · 1y

Indian digital infrastructure solutions company, iBUS, has raised $200 million in strategic funding from the National Investment and Infrastructure Fund (NIIF). The funding will be used to fuel organic and inorganic growth initiatives, as well as to build new infrastructure solutions to meet market demands and expand into emerging technologies. iBUS, founded in 2013, builds digital infrastructure solutions and provides cellular and Wi-Fi connectivity for IT parks, airports, hospitals, and more. NIIF will hold a significant majority stake in iBUS following the completion of the deal.