Zerodha's Nikhil Kamath, entrepreneur Sreeram Reddy back India's CtrlS Datacenters

Zerodha's Nikhil Kamath, entrepreneur Sreeram Reddy back India's CtrlS Datacenters

Zerodha co-founder Nikhil Kamath

CtrlS Datacenters Ltd., one of India’s largest hyperscale data centre operators, has secured an investment of nearly $26 million (Rs 250 crore) from investor and Zerodha co-founder Nikhil Kamath and entrepreneur Sreeram Reddy Vanga, per an announcement.

Kamath has invested Rs 200 crore in the company, while Vanga has contributed Rs 50 crore, CtrlS said in a statement on Wednesday.

The capital will support CtrlS’s infrastructure expansion and capacity build-out to meet growing enterprise and hyperscaler demand across India, particularly as AI, cloud, and digital workloads accelerate, the statement said.

“Over the years, we have built CtrlS with a long-term vision of where India’s digital economy is headed and the digital infrastructure it will require. What excites me about this partnership is the alignment in that long-term vision. It gives us the ability to think bigger, move faster, and continue building data centre platforms that will support India’s next phase of growth,” said Sridhar Pinnapureddy, Founder and CEO, CtrlS Datacenters.

Founded in 2007, CtrlS operates hyperscale data centres in India, serving enterprises, cloud providers, financial institutions and government organisations. The company operates 19 data centres across nine markets in India, with more than 370 MW of capacity. It also has around 4.4 GW of projects under various stages of development.

The company is also developing its AI-ready and hyperscale infrastructure to cater to rising digital demand, while investing in renewable energy and sustainable data centre operations.

Edited by: Pramod Mathew

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