Hiranandani’s Yotta Data plans to invest 16,000 crore

Hiranandani’s Yotta Data plans to invest 16,000 crore

Looking to take on global cloud and data giants such as Amazon, Google, and Microsoft, Hiranandani family-owned Yotta Data Services is planning an investment push to the tune of Rs 16,000 crore. The company can also take the IPO route for a fund-raise, CEO Sunil Gupta has said. Gupta, who is also the co-founder of Yotta, said the company is planning the investment for expansion of data services using super-computing GPU chips sourced from US tech giant Nvidia.

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