Mumbai, November 17, 2014: Tikona is pleased to announce the successful completion of a $45 million fund raise. The round was led by IFC with a $25 million investment and existing investors, Goldman Sachs Asset Management, Oak Investment partners, Everstone Capital and L&T Infrastructure Finance Co Ltd, collectively invested $20 million.
The capital raised will be used to expand Tikona’s broadband network in existing and new cities. “We are pleased to have IFC as an...