PE Fund Investments
Digital infra player iBUS attracts Rs.280-Cr from IFC; Morgan Stanley exits
Bengaluru-based digital infrastructure company iBUS Network and Infrastructure has raised about INR 280 crore (USD 34 million) from the International Finance Corporation (IFC) to support the company's international expansion.Morgan Stanley and HNIs have exited the company with a return in the range of 20-45%.
Between Jan 2016 and Feb 2024, iBUS had raised over USD 232 M from NIIF, MEMG Family Office, Morgan Stanley, N Squared Management and others.
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