NIIF-controlled iBus gets new backer on board as another PE investor checks out
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NIIF-controlled iBus gets new backer on board as another PE investor checks out

By Malvika Maloo

  • 17 Sep 2024
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NIIF-controlled iBus gets new backer on board as another PE investor checks out
Subash Vasudevan, CBO and, co-founder, iBUS Network

Digital infrastructure provider iBus Network and Infrastructure Pvt Ltd has brought on board International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, as a new investor.  IFC has invested Rs 280 crore ($34 million) to pick up a minority stake in iBus, providing an exit to some ......

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