The Economic Times News

CapitaLand India Data Centre Fund raises S$150 million, to buy 20.2% in three assets for S$99.7 million

CapitaLand Investment Limited's CapitaLand India Data Centre Fund has secured S$150 million in its first close, acquiring a 20.2% stake in three AI-ready data centre projects from CapitaLand India Trust. The fund, targeting S$300 million, will invest in assets in Navi Mumbai, Chennai, and Hyderabad, bolstering India's rapidly growing data centre capacity.