Cloud and data centre networking solutions supplier Lightstorm has raised Rs 700 crore (around $80.5 million) in financing driven by NIIF Infrastructure Finance Limited (NIIF IFL).

Prior in June 2019, New York-based I Squared Capital contributed around $300 million in Lightstorm Telecom Ventures, its telecom infrastructure platform in India.

The continues will be utilized to supply enterprises with arrange foundation and fuel their digital transformation initiatives.

Established by Amajit Gupta and Ranjan Banerjee, Lightstorm focuses on delivering network solutions that offer secure, and adaptable network, enabling integration over cloud and data center environments.

Since its initiation in 2020, the company claims to have built over 30,000 km of fibre network across India and a capacity of around 700 Tbps, right now serving over 100 clients.

Lightstrom will moreover utilize the stores to extend it arrange impression and move forward operational capabilities to meet the requirements of huge endeavors over the nation.