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Announced

Kotak Investment Advisors to invest $135m in Sify Technologies.

Synopsis

Kotak Investment Advisors, a provider of management and consulting services, agreed to invest $135m in Sify Technologies, India’s most comprehensive ICT service & solutions provider. "India is set for significant economic growth and is becoming the first choice destination for both global businesses and investors. India is witnessing the rise of Information technology-driven entrepreneurship and business growth. The current capacity of the Data Centre industry in India is expanding at an unprecedented pace, powered by wider cloud adoption, 5G rollout and accelerated digital transformation programmes of enterprises. We are delighted to partner with KSSF as a part of this journey to build world-class Data Centre facilities for our customers to benefit from the large scale digital transformation of India," Raju Vegesna, Sify Chairman and Managing Director.

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