India Tech 🇮🇳 AI NewsAirtel's data centre arm Nxtra plans to raise billion to expand capacity to gigawatt scale. Alpha Wave Global will invest 00 million as a new investor, while Carlyle and existing shareholders put in 00 million each. https://economictimes.indiatimes.com/tech/technology/airtel-data-centre-arm-nxtra-looks-to-raise-1-billion-alpha-wave-global-will-offer-400-m-telco-carlyle-to-put-in-300-m-each/articleshow/129307158.cms #India #Tech #Telecom #Airtel
Airtel lines up $1 bn investment for data centre arm Nxtra, to rope in Alpha Wave Global
Bharti Airtel's Nxtra Data is set to raise $1 billion. This funding will expand its data centre capacity to gigawatt scale. Alpha Wave Global will join as a new investor. Existing shareholders will also participate. This move positions Nxtra Data as a leader in India's digital infrastructure. The funds will support significant growth and development.