CtrlS raises ₹250 cr from entrepenuers Nikhil Kamath, Sreeram Reddy Vanga

Investor and Zerodha co-founder Nikhil Kamath has invested ~200 crore in CtrlS, one of India’s largest hyperscale data centre operators, alongside a ~50 crore investment by entrepreneur Sreeram Reddy Vanga.

 

The capital will support CtrlS’s infrastructure expansion and capacity build-out to meet growing enterprise and hyperscaler demand across India, particularly as AI, cloud, and digital workloads accelerate.

 

Founded by Sridhar Pinnapureddy, CtrlS has emerged as a key player in India’s data centre industry, building and operating some of the country’s most advanced hyperscale facilities. Over the years, it has operated 19 data centres across nine key markets in India with over 370 megawatt (Mw) of capacity and 4.4 gigawatt (Gw) of projects at various stages of execution.

 

 

“We are delighted to welcome Nikhil Kamath and Sreeram Reddy Vanga as investors in CtrlS. Over the years, we have built CtrlS with a long-term vision of where India’s digital economy is headed and the digital infrastructure it will require. What excites me about this partnership is the alignment in that long-term vision. It gives us the ability to think bigger, move faster, and continue building datacenter platforms that will support India’s next phase of growth,” said Sridhar Pinnapureddy, Founder and CEO, CtrlS Datacenters.

 

The firm has established itself as a trusted partner to enterprises, cloud providers, financial institutions, and government organisations, underpinned by industry-leading uptime standards, operational excellence, and a strong focus on security and sustainability.

 

“Every meaningful technology shift of the next decade, AI, cloud, and digital public infrastructure, runs on data centres. India is at an inflection point where the underlying infrastructure either keeps pace or becomes the bottleneck. CtrlS has spent years building the kind of depth that does not get assembled overnight. That is what made this an easy decision,” said Nikhil Kamath, investor and entrepreneur.

 

In June this year, CtrlS had raised ~7,000 crore from Canada Pension Plan Investment Board (CPP Investment) at a valuation of $4.7 billion.

 

“India’s AI and cloud ambitions will require world-class digital infrastructure at scale. I am excited to be part of CtrlS’s next phase of growth and the broader digital infrastructure opportunity in India. Having known Sridhar for many years, I have tremendous respect for his vision, perseverance, and the institution he has built,” said Sreeram Reddy Vanga, investor and entrepreneur.