STARTUP/TECHNOLOGY
HCLTech To Invest ₹3,500 Cr In AI DCs, Tap Into Full-Stack AI Market
HCLTech has announced its entry into the full-stack artificial intelligence (AI) market with a strategic investment of up to ₹3,500 crore to establish AI data centres in India, marking a significant expansion of its AI infrastructure and services portfolio. The company said the investment is aimed at addressing the growing demand for AI-led services and […]
CW Bureau
·
Jul 13, 2026
INFRASTRUCTURE
SETL Acquires 51% Stake In GScale Energy, Commits ₹500 Cr For Growth
Standard Engineering Technology Ltd (SETL), a precision and multi-disciplinary engineering company, has announced the acquisition of a majority stake in GScale Energy Pvt Ltd, marking its entry into the rapidly growing AI data centre infrastructure segment. The company proposes to acquire up to 51% shareholding in GScale Energy through a combination of primary capital infusion […]
CW Bureau
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Jun 25, 2026
STARTUP/TECHNOLOGY
CtrlS Raises ₹ 7,000 Cr From CPPIB At $4.7 Bn Valuation For Next Scale-Up
Hyderabad-based data centre operator CtrlS Datacenters has secured a total investment commitment of ₹7,000 crore from the Canada Pension Plan Investment Board (CPPIB), valuing the company at a pre-money valuation of $4.7 billion. The investment is expected to accelerate the creation of nearly 4 gigawatts (GW) of data centre capacity across India, positioning CtrlS to […]
CW Bureau
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Jun 18, 2026