NxtGen plans to invest Rs 1,300 crore in data centres across the country

NxtGen Datacenter and Cloud Technologies is gearing up to invest Rs 1,300 crore to set up around 10 more data centers and 236 edge centers across the country.

The company, whose investors include Intel, IFC, and Iron Mountain, is in the process of raising $100 million by the first quarter of 2022-23. The Cloud storage and computing segment player operates four data centers in Mumbai, Delhi, Ahme­dabad, and Bengaluru and is planning to set up centres in Chennai, Hyder­abad, and Visakhapatnam.

“For 10 more data centres, we are investing around Rs 500 crore. To complement these, another 236 edge data centers are