Overview
- CtrlS completed a ₹250 crore equity raise on Wednesday, with Zerodha co‑founder Nikhil Kamath putting in ₹200 crore and entrepreneur Sreeram Reddy Vanga adding ₹50 crore.
- The company said the capital will fund infrastructure and capacity build‑out to serve growing enterprise, hyperscaler and AI workloads across India.
- CtrlS currently operates 19 data‑centre campuses with about 370 MW of live capacity and is executing a 4.4 GW project pipeline as it aims for 4 GW installed capacity by 2031.
- The firm is advancing international hyperscale projects, including a planned 150 MW campus in Chonburi, Thailand, and is exploring further expansion in the Middle East and Southeast Asia.
- The equity infusion follows a larger June commitment from CPP Investments and sits inside a broader wave of global and development‑finance capital into India’s data‑centre sector that should ease AI capacity gaps but raise local competition for land, power and skilled workers.