STARTUP/TECHNOLOGY
IFC To Invest ₹1,278 Cr In NTT Global Data Centers India To Fuel Expansion
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has proposed to invest ₹1,278 crore ($150 million) in NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd (NTTGDC) to support the company’s ongoing expansion of data centre capacity in India. In addition to its own investment, IFC plans to […]
CW Bureau
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Jun 27, 2026
STARTUP/TECHNOLOGY
IFC To Infuse ₹675 Cr Into Sify Infinit Spaces For Data Centres’ Expansion
International Finance Corporation (IFC), the private sector lending arm of the World Bank Group, is planning to invest up to ₹675 crore (approximately $73 million) in Chennai-based Sify Infinit Spaces Ltd (SISL) to support the company’s ongoing and upcoming data centre projects in India. In addition to its own investment, IFC proposes to mobilise up […]
CW Bureau
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Jun 23, 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
MANUFACTURING
Exide Banks On Lead-Acid Strength, Lithium-Ion Expansion For Next Phase
Exide Industries is pursuing a balanced growth strategy that combines the cash-generating strength of its lead-acid battery business with long-term investments in lithium-ion technology, as the energy storage industry undergoes a gradual technological transition. In his message to shareholders in the company’s Annual Report 2026, Exide Industries Chairman Sridhar Gorthi said lead-acid batteries will continue […]
CW Bureau
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Jun 17, 2026
INFRASTRUCTURE
L&T To Invest ₹18,600 Cr In TN’s AI, Electronics And Maritime Sectors
Larsen & Toubro (L&T) has announced plans to invest ₹18,600 crore across data centres, electronics manufacturing and shipbuilding in Tamil Nadu, providing an early boost to the state’s investment ambitions under the newly elected government led by Chief Minister C. Joseph Vijay. The investment package, expected to create around 8,200 jobs, underscores Tamil Nadu’s growing […]
CW Bureau
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Jun 4, 2026
STARTUP/TECHNOLOGY
Airtel, Global Investors Infuse $1 Bn Into Nxtra For Network Expansion
Bharti Airtel, along with global investors Alpha Wave Global, Carlyle and Anchorage Capital, has invested $1 billion in Nxtra Data Ltd to accelerate its AI-driven data centre expansion and fuel the next phase of growth. As part of the transaction, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with […]
CW Bureau
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Mar 30, 2026
