Funding · Enterprise Software & IT
Avisirah Technologies secures ₹75 crore for data centre
By Startup Enthusiast ·
- Date
- Company
- Avisirah Technologies
- What it does
- Digital and data infrastructure provider
- Kind
- Funding
- Amount
- ₹75 crore
- Based in
- Navi Mumbai
- Sector
- Enterprise Software & IT
What they do
Avisirah Technologies develops high-performance data centres and digital infrastructure for cloud computing and AI applications
What happened
The company secured a ₹75 crore loan from Syndicate Finance to fund its Navi Mumbai facility development
Why it matters
This funding supports a multi-phase project aiming for a total IT load of 5.5 MW across 1,100 racks
The details
- Avisirah Technologies raised a ₹75 crore loan from Syndicate Finance to support its infrastructure projects.
- The capital will fund land acquisition and the construction of a Tier III-equivalent data centre in Navi Mumbai.
- Funds are allocated for civil, electrical, cooling, and connectivity infrastructure alongside computing equipment procurement.
- The facility is designed to provide high-density capacity for AI and cloud computing workloads.
- This loan follows a previous ₹50 crore financing from the same lender in May 2025.
- The company has a potential future funding programme of up to ₹125 crore for 2027–28.
The bigger picture
- India's data centre capacity is projected to grow from 1.6 GW in 2026 to 6 GW by 2029.
- The Maharashtra IT & ITeS Policy 2023 provides specific incentives for data centre development in the state.
- Navi Mumbai remains a primary hub due to its proximity to financial institutions and submarine cable infrastructure.
About the business
- Avisirah Technologies focuses on building and operating digital infrastructure for data-intensive applications.
- The Navi Mumbai facility is a greenfield project developed in two distinct phases.
- Phase I provides an IT load of 2.5 MW, while Phase II adds 3.0 MW of capacity.
- The total facility will accommodate roughly 1,100 racks, each designed for an average power draw of 5 kW.
- The site utilizes a shared power and cooling backbone to optimize operational efficiency.
What happens next
- The company intends to evaluate government incentives under state and central policies for the project.
- Future development phases are subject to meeting specific milestones and credit approvals.
The deal
- Type
- loan
Investors
- Syndicate Finance (lender) — A financial institution providing debt capital for infrastructure projects.
Founders
- Suresh Gurav, Director
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