{"id":1018545,"date":"2026-07-03T07:45:43","date_gmt":"2026-07-03T02:15:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1018545"},"modified":"2026-07-03T07:52:28","modified_gmt":"2026-07-03T02:22:28","slug":"yotta-data-services-in-talks-with-pe-funds-to-raise-1-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/03\/yotta-data-services-in-talks-with-pe-funds-to-raise-1-billion\/","title":{"rendered":"Yotta Data Services in talks with PE funds to raise $1 billion"},"content":{"rendered":"<p>Mumbai: Yotta Data Services, the data centre unit of Mumbai-based Hiranandani group, is in talks with global and domestic funds to raise about $1 billion for its expansion plans, said people aware of the matter. Promoters of Yotta will look to sell about 25-30% stake in the company at a $3 billion valuation, the people said. <\/p>\n<p>Kotak Mahindra Capital is advising the promoters on the proposed deal, and initial bids are expected in the next few weeks, the people said. <\/p>\n<p>Some private equity investors however flagged the $3 billion valuation as aggressive, arguing that the business is still in the early stages of scaling up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Yotta Data Services, the data centre unit of Mumbai-based Hiranandani group, is in talks with global and domestic funds to raise about $1 billion for its expansion plans, said people aware of the matter. Promoters of Yotta will look to sell about 25-30% stake in the company at a $3 billion valuation, the people said. Kotak Mahindra Capital is advising the promoters on the proposed deal, and initial bids are expected in the next few weeks, the people said. Some private equity investors however flagged the $3 billion valuation as aggressive, arguing that the business is still in the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1018545","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1018545"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018545\/revisions"}],"predecessor-version":[{"id":1018568,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018545\/revisions\/1018568"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1018545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1018545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1018545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}