With this transaction, KotakAlt managed funds total equity commitment to SISL is Rs 1,600 crore, of which Rs 1,000 crore has been invested to date including the current investment of Rs 600 crore
Kotak Alternate Asset Managers (Kotakalt) will invest an additional Rs 600 crore investment in Sify Technologies. The investment by Kotak Data Center Fund into Sify Infinit Spaces (SISL), which takes the overall bet by Kotakalt to Rs 1,600 crore, has been deployed for expanding data centre capacity across India and investing in renewable energy
Kotak Data Center Fund has invested INR 600 crore in Sify Infinit Spaces, a subsidiary of Sify Technologies. This brings the total equity commitment from Kotak Alternate Asset Managers to INR 1,600 crore. The funds will be used to expand Sify Infinit Spaces data center capacity across India and to invest in renewable energy.
Kotak Data Center Fund (KDCF), managed by Kotak Alternate Asset Managers Limited (KotakAlt), announced an investment of Rs 600 crore in Sify Infinit Spaces Limited (SISL), a wholly-owned subsidiary of Sify Technologies Limited ('Sify').
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