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iBUS Network raises Rs 280 crore from IFC to accelerate global growth plans

IndianStartupNewsIndianStartupNews · 18d
iBUS Network raises Rs 280 crore from IFC to accelerate global growth plans

iBUS Network and Infrastructure, a digital infrastructure solutions provider, has secured Rs 280 crore ($34 million) in funding from the International Finance Corporation (IFC). This investment marks IFC's first investment in Infratech in the Asia-Pacific region and supports their focus on improving access to quality digital connectivity in India. iBUS Network specializes in deploying and operating neutral cellular and Wi-Fi connectivity in large commercial spaces. The funding will help iBUS expand their operations and deliver advanced solutions for in-building connectivity, small cells, managed Wi-Fi services, and IoT. The partnership will also aim to increase women's representation within iBUS Network.

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