Bharti Airtel has raised $1 billion in fresh funding for its data centre arm, Nxtra, to expand capacity and strengthen its position in the fast-growing digital infrastructure space.
The investment round is led by Alpha Wave Global, with participation from existing investor Carlyle Group and Anchorage Capital. Airtel will also invest in the business and continue to hold a majority stake, ensuring control over its operations.
The funding values Nxtra at around $3 billion, reflecting strong investor confidence in India’s data centre market. The company plans to use the capital to significantly expand its infrastructure and meet rising demand for cloud services, artificial intelligence, and data storage.
Nxtra currently operates a widespread network of data centres across India, catering to enterprises, government clients, and large technology companies. With digital adoption accelerating, the need for reliable and scalable data infrastructure is growing rapidly.
As part of its expansion strategy, Nxtra aims to increase its capacity from around 300 megawatts to nearly 1 gigawatt over the next few years. This scale-up is expected to support increasing workloads driven by AI applications and data-intensive services.
India’s data centre sector is witnessing strong growth due to rising internet usage, digital payments, and expansion by global cloud providers. This has led to increased investments from both domestic and international players looking to tap into the opportunity.
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