AI Infra Provider Yotta Eyes $1.5 Bn IPO By March 2027: Report
AI Summary
After ESDS, AI data centre provider Yotta Data Services is now eyeing to go public and plans to file its draft IPO papers with the SEBI by October. The company is looking to go public within the March quarter of the ongoing fiscal year (Q4 FY27), CEO Sunil Gupta told Reuters. The company is eyeing the raise of up to $1.5 Bn from its IPO, which is likely to solely comprise a fresh issue of equity shares.
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