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Yotta Data Services Plans IPO Filing by October

AI data centre provider backed by Hiranandani Group targets 2027 listing.

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1 Source, 28d ago, first seen 28d ago

TLDR

Inc42 reports that Yotta Data Services plans to file its draft IPO papers with SEBI by October. The AI data centre provider backed by the Hiranandani Group targets up to 1.5 billion dollars and aims to go public in the January to March quarter of 2027. The company would use the proceeds to repay debt, buy GPUs, and expand operations. Posts from the media outlet covering the Indian startup ecosystem include these details along with a linked source summary of the filing timeline.

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1 Source, first seen 28d ago

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1 Source

@Inc42🖥️ @YottaInfra plans to file IPO papers by October, targets up to $1.5 Bn raise 👇 AI data centre provider Yotta Data Services is planning to file its draft IPO papers with SEBI by October and aims to go public in Q4 FY27. The Hiranandani Group-backed company plans to use the proceeds to repay debt, buy GPUs and expand its sovereign cloud infrastructure amid rising AI computing demand. Yotta is targeting an IPO of up to $1.5 Bn, which is likely to comprise an entirely fresh issue of shares. The company, which positions itself as India’s largest NVIDIA-powered AI computing infrastructure provider, has already raised $150 Mn from non-institutional investors at a $3.9 Bn valuation. 🔗 To read the full story, click here: https://4-2.co/4qPQVL8 #YottaDataServices #IPO #AIDataCentres #ArtificialIntelligence #GPUs #SovereignCloud #StartupNews #IndianStartups #Inc42 #News
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    @Inc42🖥️ @YottaInfra plans to file IPO papers by October, targets up to $1.5 Bn raise 👇 AI data centre provider Yotta Data Services is planning to file its draft IPO papers with SEBI by October and aims to go public in Q4 FY27. The Hiranandani Group-backed company plans to use the proceeds to repay debt, buy GPUs and expand its sovereign cloud infrastructure amid rising AI computing demand. Yotta is targeting an IPO of up to $1.5 Bn, which is likely to comprise an entirely fresh issue of shares. The company, which positions itself as India’s largest NVIDIA-powered AI computing infrastructure provider, has already raised $150 Mn from non-institutional investors at a $3.9 Bn valuation. 🔗 To read the full story, click here: https://4-2.co/4qPQVL8 #YottaDataServices #IPO #AIDataCentres #ArtificialIntelligence #GPUs #SovereignCloud #StartupNews #IndianStartups #Inc42 #News
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