Business »  Topic »  Bharti Airtel bags $235 mn investment in arm from Carlyle group, sells 25% stake in data centre biz

Bharti Airtel bags $235 mn investment in arm from Carlyle group, sells 25% stake in data centre biz


Sunil Mittal-led Bharti Airtel on Wednesday announced that US-based Carlyle Group will invest $235 million in its data centre business Nxtra Data Limited (Nxtra) for a 25% stake.

Demand for secure data centres in India is surging post the government of India’s decision that data of Indian users must be stored in India.

Sunil Mittal-led Bharti Airtel on Wednesday announced that US-based Carlyle Group will invest $235 million in its data centre business Nxtra Data Limited (Nxtra) for a 25% stake. The investment will be made by Comfort Investments II, an affiliated entity of CAP V Mauritius Limited, an ...


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