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Morgan Stanley India invests $21 Mn in telco services company iBus

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Image Credit: Inc42

Morgan Stanley India Infrastructure has invested INR 150 Cr to acquire a stake in Bengaluru-based telecommunications and connectivity services provider iBus, the company said. Morgan Stanley India Infrastructure is an India-focused private equity fund of Morgan Stanley Infrastructure Partners. The terms of the deal weren’t disclosed. Founded in 2012, iBus is promoted and led by Ram Sellaratnam, Subash Vasudevan and Sunil Menon.