Yotta Raises US$150 Million At Rs 370 Billion Valuation
ECONOMY & POLICY

Yotta Raises US$150 Million At Rs 370 Billion Valuation

Yotta Data Services said it had raised US$150 million (US$150 mn) from non-institutional investors at a valuation of about Rs 370 billion (Rs 370 bn) to expand its artificial intelligence infrastructure and support pre-IPO growth plans. The company said the capital raise was intended to strengthen its balance sheet through growth capital. The valuation was attributed to business fundamentals, long-term contracted revenues and execution visibility.

Yotta said the funds were raised over the last few months and comprised entirely primary capital with no promoter offer for sale. All the capital was being deployed into the company to accelerate expansion of cloud and data centre capacity. The company said it continued to engage with high-quality long-term institutional investors while keeping its pre-IPO timeline under review.

Company statements indicated that discussions with investors and reports in the recent past reflected interest in financing the expansion through global funds or a potential listing, without disclosing a firm timetable. Yotta said it expected the valuation to strengthen as it adds AI infrastructure capacity and secures new customer contracts. The firm said its pre-IPO and IPO roadmap remained on track.

Operationally, Yotta said it planned to scale its AI cloud to more than 40,000 Nvidia Blackwell GPUs over the next four months and to around 85,000 GPUs by the end of the current financial year. The company said that level of scale would make it one of the world’s largest AI compute platforms outside the United States and China. The expansion formed part of a strategy to serve global model builders and inference providers.

Yotta said it would continue to support sovereign cloud and artificial intelligence initiatives in India while positioning the country as a producer of AI infrastructure and intelligence rather than merely a consumer. The company indicated that the fresh capital would be deployed to accelerate growth and execution of its long-term plans.

Yotta Data Services said it had raised US$150 million (US$150 mn) from non-institutional investors at a valuation of about Rs 370 billion (Rs 370 bn) to expand its artificial intelligence infrastructure and support pre-IPO growth plans. The company said the capital raise was intended to strengthen its balance sheet through growth capital. The valuation was attributed to business fundamentals, long-term contracted revenues and execution visibility. Yotta said the funds were raised over the last few months and comprised entirely primary capital with no promoter offer for sale. All the capital was being deployed into the company to accelerate expansion of cloud and data centre capacity. The company said it continued to engage with high-quality long-term institutional investors while keeping its pre-IPO timeline under review. Company statements indicated that discussions with investors and reports in the recent past reflected interest in financing the expansion through global funds or a potential listing, without disclosing a firm timetable. Yotta said it expected the valuation to strengthen as it adds AI infrastructure capacity and secures new customer contracts. The firm said its pre-IPO and IPO roadmap remained on track. Operationally, Yotta said it planned to scale its AI cloud to more than 40,000 Nvidia Blackwell GPUs over the next four months and to around 85,000 GPUs by the end of the current financial year. The company said that level of scale would make it one of the world’s largest AI compute platforms outside the United States and China. The expansion formed part of a strategy to serve global model builders and inference providers. Yotta said it would continue to support sovereign cloud and artificial intelligence initiatives in India while positioning the country as a producer of AI infrastructure and intelligence rather than merely a consumer. The company indicated that the fresh capital would be deployed to accelerate growth and execution of its long-term plans.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement