Internet service provider Tikona raises $45 mln-Reuters

(Reuters) – Indian internet services provider Tikona Digital said on Monday it raised $45 million in a fresh round of funding.

IFC put in $25 million, leading the round, Tikona said. The other $20 million came from funds managed by Goldman Sachs Asset Management, Oak Investment partners, Everstone Capital and L&T Infrastructure Finance Co Ltd.

Founded in 2008, Tikona is a broadband service provider that operates in 25 cities across India.

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