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The Economic Times
The Economic Times

Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom

Yotta Sunil Gupta IPO India

Indian data centre operator Yotta Data Services ​plans to launch an IPO ​in the January-March quarter of 2027, CEO Sunil Gupta ​told Reuters, as it seeks to capitalise on booming demand for AI computing infrastructure.

The Hiranandani Group-backed firm is looking to file draft IPO papers in October and aims to raise up ‌to $1.5 billion ⁠to repay ⁠debt, buy graphics processing units and expand sovereign cloud infrastructure that keeps data within national ​borders, he said.

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