Telecom co iBus raises Rs.125-Cr from Nomura

Global financial services group Nomura has invested INR 125 crore in Morgan Stanley-backed telecom infrastructure firm iBus Group. The strategic investment will enable the Bengaluru-based iBus Group in the consolidation and transformation of digital infrastructure in wifi-managed services and other value-added services. The funding will also help expand the iBus Group's presence globally through its subsidiaries in Singapore, Dubai and the US. Founded in 2010, iBus Networks is an in-building connectivity solutions company with an emphasis on blitzscaling, using future-ready technologies.