CtrlS in Hyderabad Secures ₹7,000 Crore Investment from Canada Pension Plan Investment Board

CPP Investments is set to acquire an 8.2% stake in CtrlS for ₹4,000 crore (approximately $480 million). In addition to this equity investment, CPP Investments will also allocate ₹3,000 crore (approximately $360 million) towards a new joint venture with CtrlS. The joint venture aims to develop hyperscale data center campuses throughout India, tapping into the growing demand for data storage and processing capabilities in the digital economy.

CtrlS, based in Hyderabad, has established itself as a leading provider of data center solutions in India, known for its focus on high-quality infrastructure and services that cater to various industries including IT, telecommunications, and e-commerce. The investment from CPP Investments reinforces the expanding interest of global investors in the Indian data center market, driven by factors such as increasing internet penetration, cloud adoption, and the rise of digital services.

The collaborative efforts are expected to enhance CtrlSs capacity to deliver cutting-edge data center facilities, supporting the rapid growth of Indias digital infrastructure. This investment marks a significant step towards meeting the increasing demand for reliable and scalable data solutions in the region.