New York–based I Squared Capital has invested $300 million in Lightstorm Telecom Ventures, its telecommunications infrastructure platform in India.
I Squared Capital plans to acquire optical fiber networks to set up a carrier-neutral telecom infrastructure platform.
Recently, I Squared Capital invested in Indian distributed solar firm Amplus Energy Solutions Pvt Ltd. I Squared has also invested in another Indian platform, Cube Highways, a roads and highways platform.