Alpha Wave
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Airtel Secures $1 Billion for Data Centers from Carlyle and Major PE Firms
Bharti Airtel’s Nxtra Data secured $1 billion in funding from Alpha Wave, Carlyle, and Anchorage Capital, valuing the company at $3.1 billion. This investment will fuel Nxtra’s expansion in India to meet rising AI and digital transformation demands. The funding highlights India’s growing importance in the global data center market, boosted by government incentives and significant investments from tech giants. Projections show substantial capacity growth in India’s data center sector.
