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AI News from ET - Yotta Data said to hire advisors for $900 million India IPO

Vishwadeep Khatri
in AI News & Two Lenses

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Yotta Data Services is planning a Mumbai IPO to raise up to $900 million, with a potential $300 million pre-IPO round. Backed by rising AI-driven demand for data centres, the company is targeting a $6 billion valuation amid strong investor interest in India’s expanding digital infrastructure and data centre market.

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