Funding · Enterprise Software & IT
CtrlS raises ₹250 cr from kamath and vanga
By Startup Enthusiast ·
- Date
- Company
- CtrlS DataCentres
- What it does
- Data center network operator
- Kind
- Funding
- Amount
- ₹250 Cr ($26.1 Mn)
- Stage
- Series A
- Founded
- 2007
- Sector
- Enterprise Software & IT
What they do
CtrlS operates data centers across India to host digital workloads
What happened
Nikhil Kamath invested ₹200 Cr and Sreeram Reddy Vanga invested ₹50 Cr
Why it matters
The company plans to scale infrastructure for AI and cloud demand
The details
- CtrlS DataCentres raised ₹250 Cr in equity funding.
- Nikhil Kamath, cofounder of Zerodha, invested ₹200 Cr.
- Sreeram Reddy Vanga, cofounder of Kofluence, invested the remaining ₹50 Cr.
- This is the first time these specific investors are backing CtrlS.
- The funds will be used to build new data center capacity.
- CtrlS aims to support growing demand for AI and cloud services.
- The company currently has a compute capacity of 370 MW.
- It projects total capacity of 4.4 GW at various stages of development.
The bigger picture
- India's data center capacity is expected to cross 8 GW by 2030.
- Major players like Amazon and Meta are also expanding in India.
- CtrlS is testing international markets with a campus in Thailand.
- The company plans to expand into the Middle East and Southeast Asia.
- Previous funding included commitments up to ₹7,000 Cr from CPP Investments.
About the business
- CtrlS operates as a data center network operator.
- It runs 19 data centre campuses across 9 hubs in India.
- Key hubs include Mumbai, Hyderabad, Noida, and Bengaluru.
- The company is testing international markets with a 150 MW campus in Thailand.
- It aims to install 4 GW of capacity by 2031.
- A green data center was built in Hyderabad with Flipkart partnership.
- The company focuses on hosting digital workloads for enterprises.
- It supports both traditional cloud and high-performance AI computing needs.
- CtrlS was founded by Sridhar Pinnapureddy in 2007.
What happens next
- Scale infrastructure for AI and cloud workloads.
- Expand into Middle East and Southeast Asia.
- Install 4 GW capacity by 2031.
The deal
- Type
- equity funding
Investors
- Nikhil Kamath (lead) — Cofounder of Zerodha.
- Sreeram Reddy Vanga (co-lead) — Cofounder of Kofluence.
Founders
- Sridhar Pinnapureddy, Founder
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