Yotta Data Services plans to raise $1.5 billion by the end of fiscal year 2027, including a significant private-equity funding round and an initial public offering (IPO) in India that could generate up to $400 million, according to livemint.com. The data centre firm aims to secure most of the capital from private investors before going public.
The company’s co-founder and chief executive, Sunil Gupta, outlined the fundraising strategy, which involves attracting private-equity investors ahead of the IPO. This phased approach is designed to strengthen Yotta’s financial position and market presence before its debut on the Indian stock market. The exact timing and valuation details remain under discussion as the company prepares for the public listing.
Yotta’s $1.5 billion target places it among the larger capital raises in the Indian data centre sector, reflecting growing investor interest in infrastructure supporting digital transformation. Comparable deals in the space have drawn attention due to increasing demand for cloud services and data storage. The planned IPO aligns with broader market trends where tech infrastructure firms seek public funding to accelerate expansion.
The IPO is expected to raise up to $400 million, with the remainder of the $1.5 billion target coming from private-equity rounds. This capital infusion will support Yotta’s growth initiatives in India’s expanding data centre market. The company’s progress toward the IPO will be closely watched as it moves through FY27, with updates likely to emerge in regulatory filings and market announcements.