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Kotak Data Center Fund invests Rs 600 crore in Sify s data center business

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 invests ₹600 crore in Sify s data center arm

Kotak Data Center Fund invests ₹600 crore in Sify s data center arm
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Sis: Sify Infinit Spaces leases over 1 5 lakh sq ft office space in Hyderabad, ET RealEstate

Sis: The property is located in Nanakramguda in the financial district of Hyderabad. 45The office is spread over five floors and has a 60 months lease period.

Sify Infinit leases 9 floors of data centre space in Hyderabad

The Indian data centre market is growing at a CAGR of around 40 percent, and is expected to attract investments of about $5 billion by 2025.

sify: Sify Infinit Spaces leases over 1 5 lakh sq ft office space in Hyderabad

The property is located in Nanakramguda in the financial district of Hyderabad. 45The office is spread over five floors and has a 60 months lease period. ​“The company will be paying rent of over Rs 42, with a 3% escalation every year,” mentioned a lease deed document shared by Propstack, a data analytic firm.

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