Yotta Data Services likely to file draft IPO papers as early as October
Summary
Yotta Data Services plans to file draft IPO papers as early as October and could launch its public issue in the fourth quarter of FY27. The company is also pursuing a pre-IPO funding round with private equity investors to help fund its expansion. Yotta expects to raise up to $1.5 billion through the IPO and may value the business at about $6 billion. The company builds cloud and AI infrastructure and is spending heavily on data centers and Nvidia GPUs for AI computing. This capital-intensive expansion signals continued growth in cloud and AI infrastructure demand in India.
Funding
Amount
$150.0M
Total raised
Date
September 2, 2026
Announcement date
Investors
NVIDIA
Lead investors
Company
yotta.com
Funded company
AskAI Classifications
Sectors
Media and Entertainment
General Media and Entertainment
Functions
Developer and IT Infrastructure
Security
Infrastructure Management
Linked Companies
Yotta Data Services Private Limited
$50M to $100M