AI Infra Major Yotta Targets $1.5 Bn IPO By March 2027

2 Sept 2026, 6:35 pm · 10d ago · 1 min read · Inc42

Amount

$1.5B

Stage

IPO

AI data centre and cloud infrastructure provider Yotta Data Services is preparing to file draft IPO papers with SEBI by October 2026, targeting a public listing by March 2027. CEO Sunil Gupta stated that the Hiranandani Group-backed firm aims to raise up to $1.5 billion through a fresh issue of equity shares. The proceeds will be utilized to repay debt, procure graphics processing units (GPUs), and expand sovereign cloud infrastructure to address surging domestic AI computing demand. Yotta previously raised $150 million at a valuation of $3.9 billion and generates roughly half its revenue from GPUs.