NIIF picks up majority stake in iBus for $200 million; start

NIIF picks up majority stake in iBus for $200 million; startup eyes acquisitions in IBS, managed Wi-Fi, ET Telecom

iBus aims to leverage freshly raised funds towards scaling its operations through organic and inorganic initiatives. It also aims to further strengthen its position in in-building solutions (IBS), outdoor small cells and managed WiFi services while expanding its presence in new emerging sectors such as Internet of Things (IoT) solutions.

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