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NIIF invests $200 million in Ibus to boost digital infrastructure in India

Economic TimesEconomic Times · 1y ago
NIIF invests $200 million in Ibus to boost digital infrastructure in India
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The National Investment and Infrastructure Fund (NIIF) will be investing $200 million in Ibus Network and Infrastructure, a digital infrastructure company. The investment will be used by Ibus to expand its operations and capabilities in in-building solutions, outdoor small cells, managed WiFi services, and emerging sectors like Internet of Things (IoT) solutions. Additionally, the funds will be utilized to develop new infrastructure solutions to meet evolving market demands and technological advancements. This is the eighth investment by NIIF and the second in digital infrastructure, highlighting the belief in the transformative power of digital technology for India's economy.

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