Nikhil Kamath Invests ₹200 Crore in CtrlS as Data Centre Demand Accelerates

Nikhil Kamath Invests ₹200 Crore in CtrlS

Zerodha co-founder Nikhil Kamath has invested ₹200 crore in Indian hyperscale data centre company CtrlS Datacenters.

Entrepreneur Sreeram Reddy Vanga has also invested ₹50 crore, taking the total fresh capital from the two entrepreneurs to ₹250 crore.

The investment comes as demand for data centre capacity increases across India, driven by artificial intelligence, cloud computing and growing digital workloads.

How CtrlS Plans to Use the Capital

According to the company, the fresh capital will be used to expand its data centre infrastructure and capacity across India.

The expansion is aimed at meeting increasing demand from

• AI companies
• Cloud service providers
• Hyperscalers
• Large enterprises
• Digital businesses

The company expects demand for high-capacity digital infrastructure to continue increasing as AI and cloud adoption accelerates.

Nikhil Kamath on India's Data Centre Opportunity

Nikhil Kamath said that major technology shifts such as AI, cloud and digital public infrastructure depend heavily on data centres.

He highlighted the importance of ensuring that India's underlying digital infrastructure keeps pace with the country's technology growth.

Kamath also pointed to CtrlS's existing infrastructure and experience in building large-scale data centre capacity as factors behind his investment.

Sreeram Reddy Vanga Also Invests

Entrepreneur Sreeram Reddy Vanga invested ₹50 crore alongside Kamath.

Vanga highlighted India's growing AI and cloud ambitions and the requirement for world-class digital infrastructure to support these developments.

The investment gives CtrlS additional capital to accelerate its infrastructure expansion.

CPP Investments' ₹7,000 Crore Commitment

The latest investment follows a much larger commitment from CPP Investments.

In June 2026, CPP Investments committed up to ₹7,000 crore to CtrlS at a reported valuation of approximately ₹44,914 crore.

Under the proposed structure

• ₹4,000 crore is planned to acquire an 8.2% stake in CtrlS.
• Up to ₹3,000 crore is planned for a joint venture focused on developing hyperscale data centre campuses.

The partnership is aimed at expanding CtrlS's data centre footprint and supporting the growing demand for AI-ready infrastructure.

CtrlS Data Centre Footprint

Founded in 2007, CtrlS currently operates 19 data centres across nine Indian markets.

The company has a combined capacity of more than 370 MW.

CtrlS also has approximately 4.4 GW of projects at various stages of execution, highlighting the scale of its planned expansion.

The company has announced plans to expand internationally, with the Middle East and Southeast Asia among its targeted markets.

Thailand is expected to be an initial overseas expansion market.

Why Data Centres Matter for AI

The rapid growth of generative AI and cloud computing is increasing demand for data centre capacity.

AI workloads require significant computing power, storage and high-speed connectivity. As companies deploy larger AI models and digital services, demand for reliable infrastructure is expected to increase.

India's expanding digital economy is therefore creating opportunities for data centre operators to increase capacity and develop specialised infrastructure for AI and cloud workloads.

Key Takeaways

Nikhil Kamath has invested ₹200 crore in CtrlS.

Sreeram Reddy Vanga has invested an additional ₹50 crore.

The combined investment from the two entrepreneurs totals ₹250 crore.

CtrlS plans to use the capital for expanding its data centre infrastructure and capacity.

CPP Investments has previously committed up to ₹7,000 crore to support CtrlS's expansion.

CtrlS operates 19 data centres across nine Indian markets, with more than 370 MW of combined capacity.

The company has 4.4 GW of projects at various stages of development.

Disclaimer

This article is published solely for educational and informational purposes.

TrendRipperX is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser or Research Analyst.

The information presented is based on publicly available information and company statements.

Nothing in this article should be interpreted as an investment recommendation from TrendRipperX.

Readers should conduct their own independent research and consult a SEBI-registered financial professional before making any investment decision.