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iBUS secured approximately $34 Mn in a funding round led by the International Financial Corporation to enhance digital solutions and expand globally.

Sep 19, 202411 months ago

Amount Raised

$34 Million

BengaluruTelecommunicationsInformation Technology

Investors

NiifInternational Financial Corporation

Description

iBUS has successfully raised INR 280 Cr from the International Financial Corporation. The investment aims to further the company's international expansion strategy, focusing on both organic growth and acquisitions.

Company Information

Company

iBUS

Location

Bengaluru, Karnataka, India

About

Founded in 2010, iBus Networks was born with a vision to connect people, places and technologies. iBus Networks is an in-building connectivity solutions company with an emphasis on blitzscaling, using future-ready technologies. In simple words, we come first and connectivity follows. iBus delivers GDPR compliant high quality, secure connectivity and provides first-party hyperlocal data intelligence. With a license from the Department of Telecommunications, iBus Networks is at the forefront of business innovation.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech