IPO · Professional & Local Services

Yotta plans $1.5 billion IPO by March 2027

By Startup Enthusiast · 2 September 2026

What they do

Yotta Data Services operates data centres and provides cloud and AI computing infrastructure

It plans to file draft IPO papers by October 2026 and raise up to $1.5 billion in Q4 FY27

The company targets a $6 billion valuation and is also raising a pre-IPO round from private equity firms

Yotta Data Services plans to file draft IPO papers by October 2026.
The IPO launch is expected in Q4 FY27 (the quarter ending March 2027).
The company aims to raise up to $1.5 billion through the IPO.
It is also seeking a pre-IPO round from about five private equity firms.
The target valuation for the IPO is around $6 billion.
Yotta will not dilute more than 25% stake in the IPO.
Proceeds will be used to repay debt, buy GPUs, and expand sovereign cloud infrastructure.
Bankers and legal counsels have been appointed and work is in final stages.

Indian data centre operators are turning to capital markets due to soaring demand for data storage and computing.
India generates 20% of the world's data but has only 3% of data centre capacity, driving government push to make India a hub.
Yotta's customer base has shifted from Indian startups to 75-80% international clients, aided by a tax holiday for foreign firms.

Yotta is a data centre operator and provider of cloud and AI infrastructure.
It describes itself as India's largest provider of NVIDIA-powered AI computing infrastructure.
Its data centres are located in Mumbai, GIFT City (Gujarat), and Noida.
Revenue mix: 50% from GPUs, 25-30% from sovereign cloud and managed services, 20% from colocation.
It started as a colocation centre and integrated data centre services provider in 2019.
Yotta has ordered 50,000 Vera Rubin GPUs and 45,000 GB 300s from Nvidia.
The Vera Rubin chip acquisition cost is about $7.5 billion including networking and equipment.
Total AI infrastructure spend planned by end FY27 is over $7 billion, with $4 billion already committed.

File draft IPO papers by October 2026.
Launch IPO in Q4 FY27 (March 2027 quarter).
Raise pre-IPO capital from private equity firms.
Use IPO proceeds to repay debt, buy GPUs, and expand sovereign cloud infrastructure.