India, Feb. 19 -- I Squared Capital portfolio company Lightstorm has secured Rs 700 crore in funding from NIIF Infrastructure Finance Limited (NIIF IFL). The company aims to use the funds to expand its network footprint, enhance operational capabilities, and drive innovations to meet the needs of large enterprises, significantly strengthening its connectivity business in India.

It also marks a significant milestone in Lightstorm's India growth journey, reflecting the growing trust in I Squared Capital and Lightstorm's mission to deliver world-class connectivity infrastructure.

"The funding will play a pivotal role in accelerating the company's efforts to empower enterprises with cutting-edge network infrastructure, enabling them to fast...