Nikhil Kamath And Sreeram Vanga Invest ₹250 Crore In CtrlS Datacenters, Backing India’s Digital Infrastructure Growth

New Delhi: Zerodha co-founder Nikhil Kamath and entrepreneur Sreeram Reddy Vanga have each invested significant amounts in India's leading hyperscale data center company, CtrlS. Kamath has put forward Rs 200 crore, while Vanga has invested Rs 50 crore, as reported on Wednesday.

The funds from these investors will aid CtrlS in expanding its infrastructure and capacity to accommodate the surging demand for enterprise and hyperscale services across India. This surge is primarily driven by the rapid acceleration of AI, cloud, and digital workloads.

In a statement, Zerodha co-founder Nikhil Kamath highlighted the importance of data centers in powering meaningful technological advancements in the coming decade, including AI, cloud, and digital public infrastructure. He noted that India is at a critical juncture where its underlying infrastructure must either keep pace or risk becoming a bottleneck. Kamath mentioned that CtrlS has invested years in building depth that cannot be established quickly, which made this investment decision straightforward for him.

Sreeram Reddy Vanga expressed his delight at supporting Kamath's investment in CtrlS. He emphasized the need for world-class digital infrastructure on a large scale to support India's ambitious AI and cloud strategies. Vanga stated that welcoming Kamath and Kamath as investors would enable CtrlS to think bigger and move faster, thereby continuing to build datacenter platforms that will drive India's next phase of growth.

Sridhar Pinnapureddy, the Founder and CEO of CtrlS Datacenters, also commented on the significant investments. He acknowledged the importance of the capital provided by Kamath and Vanga in enabling CtrlS to plan bigger, act more swiftly, and further develop its datacenter platforms to aid in India's ongoing growth.