Sify Infinit eyes $4 bn fundraise for data centre growth, plan for IPO holds
· livemint.com
The firm plans to fund a 10-20% expansion in data centre capacity through internal cash flows, before tapping debt, listing the subsidiary and follow-on institutional offerings for further growth.
Agarwal, however, said Vegesna’s investment target is “small” by the current data centre industry standard in India. “A capital expenditure of $5 billio...