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Ibus Network and Infrastructure raised $200 million in an investment led by NIIF to scale operations and expand into new emerging sectors.

Apr 10, 2024over 1 year ago

Amount Raised

$200 Million

BengaluruTelecommunicationsInformation Technology

Investors

National Investment And Infrastructure Fund (Niif)

Description

NIIF has announced a $200 million investment in digital infrastructure player Ibus Network and Infrastructure. The funds will be used to scale operations, expand capacities, and for inorganic growth, as well as to develop new infrastructure solutions.

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