India’s Yotta Data Seeks $500 Million Private Credit to Expand

  • The firm in talks with global funds including Oaktree Capital
  • Proceeds to fund expansion into artificial intelligence space

A Yotta Data Services data center, in Navi Mumbai, India.

Photographer: Dhiraj Singh/Bloomberg
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Indian start-up Yotta Data Services Pvt. Ltd. is seeking to raise about $500 million to invest in its data center parks, according to people familiar with the matter.