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flag Sify Infinit Spaces, India’s largest data-center firm, plans a $500 million IPO amid surging AI and digital demand.

flag Sify Infinit Spaces Ltd., a data-center operator backed by Kotak Private Equity, is set to file for a $500 million IPO within two weeks, potentially becoming India’s first data-center company to go public. flag The offering, including new and existing shares, is being managed by major banks including Kotak Mahindra Capital, Morgan Stanley, and JPMorgan Chase. flag The move follows rising demand driven by AI, digitalization, and government data localization rules. flag India’s data-center capacity needs to double in three years, requiring about $10.1 billion in investment. flag Sify Infinit operates 14 facilities nationwide, with its first site launched in 2000, and competes with global firms like NTT and STT Global. flag The company’s board approved the IPO on September 25, though details may change.

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