CtrlS Datacenters | $26M (Strategic Investment)

Founders: Sridhar Pinnapureddy

HQ: Hyderabad

Sector: Data Center Infrastructure / Cloud & AI Compute

What they do

→ Builds and operates hyperscale, AI-ready data centers across India

→ Serves enterprises, cloud providers, financial institutions, and government organizations

→ Currently runs 19 data centers across 9 Indian markets

→ Represents 370+ MW of operating capacity, with 4.4 GW in the development pipeline

The Funding

→ Raised $26M (₹250 Cr)

→ From Nikhil Kamath (Zerodha co-founder) — ₹200 Cr

→ And Sreeram Reddy Vanga (entrepreneur) — ₹50 Cr

Why it matters

→ Comes as India races to build AI, cloud, and digital infrastructure capacity

→ Signals top Indian entrepreneurs personally betting on domestic data center infra, not just VCs

→ CtrlS separately plans a $2B expansion over six years, including Southeast Asia and Middle East entry

→ Positions India's compute backbone as critical infrastructure for the AI decade

Is data center capacity India's real AI bottleneck?