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The growing penetration of over-the-top (OTT) streaming and online gaming in tier-2 and tier-3 locations, along with 5G adoption and artificial intelligence usage, is driving demand for data centres beyond the big cities.
Data Centres: According to reports by real estate consultancy CBRE, the Indian data centre industry attracted investment commitments of about $ 35 billion between 2018 and 2023 and is expected to reach a market size of $4.5 billion by 2025.
Yotta Data Services: The company has raised this debt against its two data centres in Navi Mumbai by hypothecating the assets in favour of the bank. Certain receivables from the company’s data centre in Mumbai’s central suburb Powai have also been pledged to secure this loan.
Darshan Hiranandani revealed a collaboration between Yotta Data Services and NVIDIA-powered Shakti Cloud
Start-ups operate in a complex environment and must prioritise enterprise technology if they want to scale. Here's how they are getting affordable options - Issue Date: Jan 21, 2024