Mumbai, March 31 -- Headquartered in Delhi, Nxtra Data operates 14 large core data centers and over 120 edge facilities across India, offering co-location, cloud infrastructure, managed hosting, data backup, disaster recovery, and edge computing services. It has a state-of-the-art facility in Pune and is developing additional AI-ready campuses in Chennai, Mumbai, and Kolkata. It is a step-down subsidiary of the company in which Airtel, wholly owned subsidiary currently holds 75.96% stake.

As part of the pact, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with the rest being infused by Airtel. The investors' final shareholding will be subject to finalized post-closing adjustments. Airtel ...