Sify Financial News

11.03 / 08:23
Provident security Strategy Sustainability Enterprise performer Sify Technology Advancements Driving AI-Ready Hyperscale Data Centers
Roopesh Kumar, Head — Data Center Projects, Sify Infinit Spaces Ltd.
06.02 / 00:51
markets IPO Provident Digital Aware Sify reports Sify’s data centre unit hires bankers for a ₹3,000 crore IPO
Subscribe to enjoy similar stories. Sify Infinite Spaces, the data centre business of Nasdaq-listed Sify Technologies Ltd., is looking to tap capital markets in India to raise ₹3,000 crore through an initial public offering (IPO), according to three people aware of the matter. “The firm has appointed investment banks to help it with the process," the first person cited above said on the condition of anonymity.
20.01 / 00:45
markets Citi Digital Strategy Metro PAM Sify Sify earmarks $5 billion to expand data hubs, add AI ops and GPUs
Sify Technologies has earmarked $5 billion investment over the next five years to expand data centres, modernise internal systems with AI Ops, acquire GPUs and compete with large data centre and telecom incumbents, Raju Vegesna, its chairman and MD, said in an interview to ET. The company plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest markets of AI services and inferencing rather than training, Vegesna said who is helming the only Indian company listed on Nasdaq besides Infosys.
26.07 / 01:20
UPS Digital security country Sify prevention Schools India needs to rely on homegrown tech to avoid Crowdstrike-like blip: Sify chief
India needs to continuously encourage homegrown technologies and reduce its dependence on foreign companies to prevent being affected by incidents like the recent Windows outage, Raju Vegesna, chairman and managing director of Sify Technologies, told ET.
01.11 / 09:25
Citi Digital Strategy economy Enterprise performer Sify Kotak's alternative-assets arm raises $120 million for equity fund
₹1,000 crore ($120 million) for its open-ended fund to invest in Indian equities. Kotak Iconic Fund, a category-III alternative investment fund (AIF), invests in equities with varied market capitalisation through diversified active and passive strategies. “The journey to ₹1,000 crore in AUM (assets under management) has been marked by unwavering dedication, resilience, and the trust of investors who have chosen Kotak Iconic as their preferred investment vehicle in the Indian equities space," said Lakshmi Iyer, chief executive officer, investments and strategy, Kotak Alternate Asset Managers.

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