Nxtra, an auxiliary of Bharti Airtel Ltd, on Tuesday said it will set up one server farm each in Mumbai and Pune to satisfy the rising need for computerized administrations.
Sunil Mittal-drove organization reported marking of a notice of comprehension (MoU) with the Maharashtra Industrial Development Corporation to set up secure server farms to help the developing computerized environment and information localisation necessities.
The organization as of now works two enormous server farms in Maharashtra. It additionally has various edge server farms across Mumbai, Navi Mumbai, Thane, Pune, Nagpur and Kolhapur.
“We are delighted to add to our footprint in Maharashtra as part of our nationwide expansion plans to serve the evolving requirements of digital India,” said Rajesh Tapadia, chief executive officer, Nxtra Data.
Nxtra offers secure server farm administrations to Indian and worldwide undertakings, hyper-scalers, new companies, little and medium endeavors (SMEs) and different governments. The organization has 10 huge and more than 120 edge server farms the nation over.
The server farms give “customers with co-location services, cloud infrastructure, managed hosting, data backup, disaster recovery, and remote infrastructure management,” said the organization, wherein the Carlyle Group-claimed Comfort Investments II will contribute $235 million II to procure 25% stake.
“Nxtra will use the proceeds from this transaction to continue scaling up its infrastructure and offerings across India,” the company said in a statement.
Airtel will keep on holding the excess 75% in Nxtra Data. The post-cash undertaking valuation of Nxtra will remain at roughly $1.2 billion.
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