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Announced

Kotak Investment Advisors to invest $73m in Sify.

Synopsis

Kotak Investment Advisors, an investment company, agreed to invest $73m in Sify, an Indian information and communications technology company. “As Enterprises are pursuing their digital transformation and digitalization objectives, they are also re-calibrating their digital infrastructure across hybrid cloud, network, security, and Edge infrastructures. This is a great opportunity for us to monetize our infrastructures designed for Digital IT and transform the way digital infrastructures are managed through our digitalized services. We are topping that up by continuously building our core digital portfolio to support our customers' innovation journey,” Kamal Nath, Sify CEO.

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