November 17, 2014 / 11:24 AM / 3 years ago

Internet service provider Tikona raises $45 mln

Nov 17 (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. (Reporting by Nivedita Bhattacharjee in Mumbai; Editing by Prateek Chatterjee)

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