iBUS Network and Infrastructure receives Rs 280 crore investment from IFC

iBUS Network and Infrastructure, a digital infrastructure solutions provider, announced today that it has secured an investment of Rs 280 crore ($34 million) from the International Finance Corporation (IFC), a member of the World Bank Group, for a minority stake in the company.

This investment will bolster iBUS’s plans for both domestic and international growth, enhancing its ability to deliver solutions for in-building connectivity, outdoor small cells (a radio access point), managed Wi-Fi services, and intelligent Internet of Things (IoT), the company said.