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India's NIIF Invests $200 Million in iBUS to Fuel Digital Transformation
The National Investment and Infrastructure Fund Ltd. (NIIF) has injected $200 million into iBUS Network and Infrastructure Pvt Ltd through its Master Fund, positioning NIIF as the majority stakeholder in iBUS.
iBUS Network and Infrastructure Pvt Ltd. is an Indian digital infrastructure services provider with a vision to connect people, places and things. It specializes in in-building solutions like outdoor small cells and managed Wi-Fi services.
The funding will be utilized to scale iBUS’ operations through organic and inorganic growth initiatives, with a focus on expanding into emerging sectors like IoT solutions. The NIIFL Master Fund is India’s largest infrastructure fund. It reflects a strong belief in the company’s potential to transform India’s digital infrastructure landscape.