Yotta Data Services set to debut on Nasdaq as SEC okays Cartica merger

Mumbai: The US Securities and Exchange Commission (SEC) has cleared the merger of Yotta Data Services with Cartica Acquisition Corp, a special purpose acquisition company (SPAC), setting the stage for India’s first data centre company to list on the Nasdaq.

Hiranandani Group’s Nidar Infrastructure Ltd, the parent company of Yotta, had filed final papers for the initial public offering (IPO) last December.