Sify Infinit Spaces Ltd., backed by Kotak Private Equity Group, is preparing to file for an IPO with the Indian regulator, potentially raising $500 million. The data-center unit aims to capitalize on the rising demand fueled by AI expansion, valuing the company at approximately $3 billion. Kotak Mahindra Capital Co.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets