• Latest
  • Trending
Airtel says it has partnered with SpaceX to bring Starlink’s high-speed internet to customers in India

Airtel lines up $1 bn investment in data centre wing, Nxtra

Aurobindo Pharma USA gets FTC clearance to acquire Lannett in $250 million deal

Aurobindo Pharma USA gets FTC clearance to acquire Lannett in $250 million deal

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained

Banks raise FCNR deposit rates for NRIs post RBI relaxation

Jio platforms files for India’s largest IPO: Here’s what you need to know

Jio platforms files for India’s largest IPO: Here’s what you need to know

Himadri expands investment in U.S. battery firm IBC, lifts stake to 20.47%

Himadri expands investment in U.S. battery firm IBC, lifts stake to 20.47%

India’s coffee exports jump 26% in 2026 as Robusta shipments drive growth

India’s coffee exports jump 26% in 2026 as Robusta shipments drive growth

HSBC targets over $100 million in gains through expanded Google Cloud AI partnership

HSBC targets over $100 million in gains through expanded Google Cloud AI partnership

Global soybean stocks rise despite lower production outlook

Global soybean stocks rise despite lower production outlook

Kotak, HDFC, ICICI and Axis rank among APAC’s most leveraged banks

Kotak, HDFC, ICICI and Axis rank among APAC’s most leveraged banks

Salesforce and Databricks expand partnership to power trusted enterprise AI agents

Salesforce and Databricks expand partnership to power trusted enterprise AI agents

Anant Ambani highlights Reliance’s rapid progress in new energy business

Anant Ambani highlights Reliance’s rapid progress in new energy business

Anthropic opens Seoul office, expands AI partnerships across South Korea

Anthropic opens Seoul office, expands AI partnerships across South Korea

MOU to end the Middle East war : Impact on Indian stock market and investor outlook

MOU to end the Middle East war : Impact on Indian stock market and investor outlook

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Monday, June 22, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Airtel lines up $1 bn investment in data centre wing, Nxtra

in Market
Reading Time: 2 mins read
0
Airtel says it has partnered with SpaceX to bring Starlink’s high-speed internet to customers in India
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 31 March 2026

Bharti Airtel, one of India’s leading telecommunication firms, has announced a $1 billion investment in its data centre arm, Nxtra Data Limited. The investment will come from Airtel itself and three other investors: Alpha Wave Global, Carlyle Group, and Anchorage Capital.

The investment will come in the form of:

  • Alpha Wave Global – $435 million
  • Carlyle Group – $240 million
  • Anchorage Capital – $35 million
  • Airtel – The balance

Airtel will continue to hold control of Nxtra Data Limited. The investment is subject to regulatory approval by Indian authorities.

Nxtra Data Limited aims to increase investment in data centre capacity and enhance services to businesses, large technology companies, and government entities. It currently has 300 MW capacity in data centres and aims to increase capacity to 1 GW in a few years’ time, aiming to capture 25% of India’s data centre market.

The investment will also be used by Nxtra to enhance its data centre capabilities as well as serve the needs of enterprises, large tech companies, as well as the government. The company is currently operating 300 MW of data centre capacity, but this is set to rise to 1 GW in the near future as the company seeks to capture 25% of the India data centre market.

India’s data centre market is growing significantly due to the uptake of digital technologies as well as the demand for cloud infrastructure. The data centre market is also set to see an expansion in its capacity by 2030.

Nxtra is set to become a major player in the India data centre market as the investment will help the company serve the needs of the market.

Related Posts

Jio platforms files for India’s largest IPO: Here’s what you need to know

Jio platforms files for India’s largest IPO: Here’s what you need to know

0

Athira Sethu Kochi, 22 June 2026 Jio Platforms Ltd., the digital services arm of Reliance Industries, has filed draft papers...

MOU to end the Middle East war : Impact on Indian stock market and investor outlook

MOU to end the Middle East war : Impact on Indian stock market and investor outlook

0

By Sunil Subramaniam, Financial Sector Veteran & Ex-MD of Sundaram Mutual Fund, Chennai The formal signing of the Memorandum of...

Bharat Forge wins ₹425 crore order to modernize Indian Navy warships

Bharat Forge wins ₹425 crore order to modernize Indian Navy warships

0

DBT Bureau Pune, 19 May 2026 Bharat Forge Limited (BFL) has signed a ₹425 crore contract with the Ministry of...

HDFC Bank reports strong Q4 FY26 business growth; Deposits rise 14.4% YoY

RBI extends Keki Mistry’s tenure as HDFC Bank interim Chairman

0

Athira Sethu Kochi, 19 June 2026 Approval has been obtained from the Reserve Bank of India (RBI) for the extension...

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained
Finance

Banks raise FCNR deposit rates for NRIs post RBI relaxation

0

Debasis Mohapatra Bengaluru, 22 June 2026 After the relaxation of Reserve Bank of India’s rules on Foreign Currency Non-Resident (FCNR)...

Read moreDetails
Jio platforms files for India’s largest IPO: Here’s what you need to know
Data Story

Jio platforms files for India’s largest IPO: Here’s what you need to know

0

Athira Sethu Kochi, 22 June 2026 Jio Platforms Ltd., the digital services arm of Reliance Industries, has filed draft papers...

Read moreDetails
Himadri expands investment in U.S. battery firm IBC, lifts stake to 20.47%
Business

Himadri expands investment in U.S. battery firm IBC, lifts stake to 20.47%

0

DBT Bureau Pune, 22 June 2026 Himadri Speciality Chemical Ltd. (Himadri), a specialty chemicals and advanced carbon materials company, has...

Read moreDetails
India’s coffee exports jump 26% in 2026 as Robusta shipments drive growth
Commodity

India’s coffee exports jump 26% in 2026 as Robusta shipments drive growth

0

DBT Bureau Pune, 21 June 2026 India's coffee exports recorded strong growth in the first half of 2026, supported by...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.