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VERIFIEDMint Companies·neutral
I Squared-backed Lightstorm raises ₹2,500 crore debt from IndusInd Bank
AI Summary
- ·Lightstorm has raised ₹2,500 crore in debt financing from IndusInd Bank.
- ·The capital will be used to build network infrastructure in India's southern corridor.
- ·The funds will also support the expansion of Lightstorm's I-2SEA subsea cable system to Southeast Asia, Japan, and the US.