Nxtra Data News Today

Data centers in western and northern India are facing rising operational costs due to soaring temperatures. Firms like Yotta and CtrlS are using alternative cooling methods and renewable energy, while ESDS reports a 10-12% rise in power costs due to erratic grid supply. Several of these data centres are located in New Delhi, Haryana, Noida.

Carlyle had acquired a 24 percent stake in the Nxtra for around Rs 1,780 crore ($235 million) in 2020. The sale is expected to fetch $ 800 million to 900 million.

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In 2020, Carlyle acquired 24% stake in Nxtra for $235 million (approximately Rs 1,800 crore)

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ITC is reportedly considering acquisition of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in Prataap Snacks, a listed company, a media ......

Bharti Airtel: The Carlyle Group, among the world’s largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtel’s data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said.

The Carlyle Group, among the worlds largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtels data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in Indias data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited.

Nxtra’s revenue has grown at an average annual pace of around 13 percent over the past five years (from Rs 852 crore in FY19 to Rs 1,601 crore in FY23), driven by robust demand for its services, according to Care Ratings.

Carlyle acquired a 24% stake in Nxtra Data, India’s largest data centre operator, for around Rs1,780 crore ($235 million) in 2020