Airtel secures $1 billion investment for Nxtra to boost AI-led data centre expansion
NEW DELHI: Bharti Airtel on Monday announced a $1 billion investment in its data centre subsidiary Nxtra Data Limited, led by global investors Alpha Wave Global, Carlyle and Anchorage Capital, to accelerate expansion and tap rising demand for digital infrastructure in India.
The funding round, which also includes participation from Airtel, will value Nxtra at about $3.1 billion post-closing. The transaction is subject to regulatory approvals.
