Tower Vision India is a Gurgaon-based independent tower management company that owns and operates passive telecom infrastructure, claiming about 5,000 sites across 14 telecom circles. The company provides passive infrastructure solutions to telecom customers and plans to aggressively expand its tower portfolio. It is raising capital to fund that expansion and to support its customers. Tower Vision previously received a major capital infusion in 2008, when it raised about Rs 1,350 crore with Morgan Stanley taking a significant share. The current fundraising involves a consortium of international investors led by Quadrangle Capital Partners and is positioned as a large strategic growth capital event. The company frames the proceeds as enabling accelerated network rollouts and broader commercial support for carriers.

Total raised

$302M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2010