Draft:Yotta Data Services
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| Type | Private |
|---|---|
| Industry | Data centers, Cloud computing, Artificial intelligence infrastructure |
| Founded | 2019 |
| Founders | Darshan Hiranandani Sunil Gupta |
| Headquarters | Mumbai, Maharashtra, India |
Key people | Darshan Hiranandani (Chairman) Sunil Gupta (Managing Director and Chief Executive Officer) |
| Products | Data centre |
| Website | www |
Yotta Data Services is an Indian data centre, cloud computing and artificial intelligence infrastructure company headquartered in Mumbai, Maharashtra.[1] And a subsidiary of Hiranandani Group[2]
History
[edit]Yotta Data Services was established in 2019 by Darshan Hiranandani and Sunil Gupta.[3]
In 2020, the company launched its NM1 facility in Panvel near Mumbai, which was developed as a hyperscale data center campus.[4]
The company subsequently expanded its data centre operations to additional locations including Greater Noida and Gujarat.[1]
Operations
[edit]In 2026, Reuters reported that Yotta planned to deploy more than 20,000 NVIDIA Blackwell Ultra graphics processing units as part of a multi-billion-dollar investment in artificial intelligence infrastructure in India.[1][4]
Partnerships
[edit]In 2025, the company announced a collaboration with Microsoft aimed at supporting AI-related services and innovation in India.[5]
The company has also collaborated with Nvidia on AI cloud infrastructure projects.[6]
Funding and IPO
[edit]In 2024, Yotta secured debt financing from the State Bank of India to support expansion of its data center infrastructure.[7]
In 2026, economics times reports stated that the company was exploring fundraising initiatives and preparations for a potential initial public offering.[8]
See also
[edit]References
[edit]- 1 2 3 "India's AI push gets $2 billion boost from Yotta's Nvidia investment". Reuters. 18 February 2026. Retrieved 17 July 2026.
- ↑ Babar, Kailash; Balakrishnan, Reghu (2026-07-06). "Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansion". The Economic Times. ISSN 0013-0389. Retrieved 2026-07-16.
- ↑ "Meet Yotta Data Services, an Indian startup taking big AI bets". The Economic Times. 19 March 2024. Retrieved 17 July 2026.
- 1 2 "Yotta inaugurates large data centre with 7,000 racks at Panvel". Mint. 7 July 2020. Retrieved 17 July 2026.
- ↑ "Microsoft, Yotta join hands to drive AI innovation in India". The Economic Times. Retrieved 17 July 2026.
- ↑ "Nvidia, Yotta partner to deploy APAC's largest DGX Cloud cluster in India". Business Standard. 18 February 2026. Retrieved 17 July 2026.
- ↑ "Yotta Data Services raises Rs 1,357 crore in debt from State Bank of India". The Economic Times. 13 February 2024. Retrieved 17 July 2026.
- ↑ "Yotta Data Services in talks with PE funds to raise $1 billion". The Economic Times. 3 July 2026. Retrieved 17 July 2026.