India's Yotta Plans IPO of Up to $1.5 Billion… to Expand GPU and Sovereign Cloud Services
Indian data center company Yotta Data Services is aiming to raise up to $1.5 billion (approximately 2 trillion won) through an initial public offering (IPO) scheduled for January through March 2027. The company announced that it plans to submit draft documents to Indian securities regulators in October. The funds raised will be used to repay debt, purchase GPUs, and expand sovereign cloud infrastructure that keeps data within India’s borders. As demand for AI computing grows rapidly, data center operators are also The massive investment in equipment





