Yotta Targets Jan-March 2027 IPO, Seeks up to $1.5 Billion Amid AI Boom
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4 Articles
The Economic Times
Times of IndiaYotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
Yotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to settle debts and enhance their infrastructure. This strategic move taps into the surging demand for AI computing infrastructure seen across India. A noteworthy portion of Yottas clientele comprises global customers, bolstered by a tax holiday that instils confidence among international data center users.
India’s Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
By Abhirami G and Sai Ishwarbharath B Sept 2 (Reuters) - Indian data centre operator Yotta Data Services plans to launch an IPO in the January-March quarter of 2027, CEO Sunil Gupta told Reuters, as it seeks to capitalise on booming demand for AI co...
Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
The Hiranandani Group-backed firm is looking to file draft IPO papers in October and aims to raise up to $1.5 billion to repay debt, buy graphics processing units and expand sovereign cloud infrastructure that keeps data within national borders, he said.
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