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Sify Technologies to announce Financial Results for Second Quarter FY 2023-24 on Friday, October 20, 2023

Sify Technologies to announce Financial Results for Second Quarter FY 2023-24 on Friday, October 20, 2023
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Kotak Fund to invest ₹1,600 crore in Nimmagadda Prasad s API business

Kotak Strategic Situations Fund (KSSF) plans to invest around ₹1,600 crore in the active pharmaceutical ingredients (API) business acquired by Nimmagadda Prasad. The fund will support the acquisition through a $200 million funding, provided through a mix of structured debt and equity. Deutsche Bank and DBS have also reportedly financed the acquisition.

Kotak Data Center Fund Invests Rs 600 Cr In Sify s Data Center Business

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 Data Center Fund, Sify’s Data Center Business

Kotak Alternate Asset Managers: Kotak arm invests additional Rs 600 crore in Sify to expand data centre capacity, ET Telecom

Kotak Alternate Asset Managers: 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, as per a statement.

Kotak Sify: Kotak arm invests additional Rs 600 cr in Sify to expand data centre capacity

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

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