iBUS nets ₹280 crore from World Bank Group’s IFC

System User, Published on Sep 17th, 2024

iBUS nets ₹280 crore from World Bank Group’s IFC

Digital infrastructure solutions startup iBUS has raked in ₹280 crore (around $34 million) from the World Bank Group's arm International Financial Corporation (IFC) to expand its footprint in the overseas market. As per news agency PTI, IFC has also bought a minority stake in the Bengaluru-based company on the back of this investment.

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