Company Overview
Yotta Data Services, backed by the Hiranandani Group, is a fast-growing digital infrastructure company focused on data centres, cloud computing, and artificial intelligence (AI) infrastructure. Founded in 2019, the company builds and operates hyperscale data centres in India and offers cloud-based solutions to enterprises, startups, and government organisations.
Yotta’s services include cloud storage, high-performance computing, GPU-based AI workloads, networking, and cybersecurity. The company aims to support India’s growing demand for AI, machine learning, and data-intensive applications by providing scalable and secure infrastructure within the country.
Earlier US Listing Plan Dropped
Yotta had earlier explored a US stock market listing, including plans for a NASDAQ listing through the SPAC route. Regulatory approvals were reportedly in place; however, the company later decided to cancel the US listing plan.
The decision was influenced by volatile global markets and a strategic shift toward India. Management indicated that India’s capital markets now offer better alignment with the company’s long-term goals, especially given the government’s focus on data localisation, AI development, and digital infrastructure.
India IPO Timeline and Strategy
Following the cancellation of its US listing plan, Yotta has turned its focus to a domestic IPO, which is expected to take place in FY 2026–27 (calendar year 2027). The company plans to list on Indian stock exchanges and tap into growing domestic investor interest in technology-driven infrastructure businesses.
The IPO is expected to support Yotta’s long-term expansion plans, including increasing data-centre capacity, investing in advanced technologies, and strengthening its cloud and AI platforms. The listing will also allow public market investors to gain exposure to India’s fast-growing AI and data-centre sector.
Pre-IPO Fundraising Plans
Ahead of the IPO, Yotta is planning a large pre-IPO funding round to accelerate growth and fund capital-intensive investments. The company is in discussions with a range of investors, including high-net-worth individuals, family offices, and institutional investors.
Reports suggest that Yotta may raise ₹4,000 crore or more in this pre-IPO round. The funds are expected to be utilised for:
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Expanding hyperscale data-centre infrastructure
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Procuring advanced GPUs for AI workloads
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Scaling cloud and high-performance computing services
Positioning in India’s AI Infrastructure Market
Yotta is positioning itself as a key enabler of India’s AI ecosystem. With increasing adoption of generative AI, machine learning, and cloud computing, demand for reliable and high-performance infrastructure is rising rapidly.
By focusing on GPU-centric cloud services and large-scale data centres, Yotta aims to bridge the infrastructure gap and reduce dependence on overseas cloud providers.
With its US listing plan cancelled, a major pre-IPO fundraise under discussion, and a clear roadmap for an India IPO in 2027, Yotta Data Services is entering a crucial phase of growth. The next few years will be critical as the company scales operations and prepares for its public market debut in India.
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