{
  "id": 2105527,
  "title": "Nikhil Kamath’s data centre bet",
  "url": "https://urgent.news/2026/08/20/nikhil-kamaths-data-centre-bet",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-20T02:00:00.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/08/nikhil-kamaths-data-centre-bet"
  },
  "original_language": "en",
  "account": "The article highlights several recent business developments. Global investment firm Prosus has provided Navi, founded by Sachin Bansal, with its first institutional funding round, amounting to $100 million. Navi offers various financial services including loans, insurance, mutual funds, and UPI payments, and has reached an assets under management figure of Rs 13,000 crore. Navi achieved profitability in the last quarter of FY26. Simultaneously, alternative investment firm Investcorp acquired 20Cube 3PL Solutions, a contract logistics company, for Rs 500 crore, indicating increasing interest in India's logistics sector. Digital ticketing platform BookMyShow has attracted investment from KKR, which acquired a minority stake in the company for an undisclosed sum. The funding is expected to support BookMyShow's expansion into live entertainment, facilitating the introduction of international artists to the Indian market. China's Unitree Robotics made a significant debut on Shanghai's STAR Market, its shares surging 460% on the first day of trading. This success can be attributed to the growing fascination with China's robotics industry and the potential applications of humanoid robots across various sectors. Meanwhile, in India, Zerodha co-founder Nikhil Kamath invested Rs 200 crore in CtrlS Datacenters, with entrepreneur Sreeram Reddy Vanga contributing an additional Rs 50 crore. The combined investment will be used for infrastructure development and workforce enhancement at CtrlS Datacenters, a company operating 19 data centers across India with a capacity of 370 MW and 4.4 GW of projects in various stages of execution.",
  "summary": "Founded in 2007 by Sridhar Pinnapureddy, Hyderabad-based CtrlS Datacenters operates 19 data centres across nine key markets in India.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}