Mumbai, Aug. 11 -- Lightstorm Telecom Connectivity Pvt. Ltd, a network infrastructure company backed by private equity firm I Squared Capital, secured a Rs.2,500 crore (~$260 million) long-term debt facility from IndusInd Bank to expand its data centre connectivity network, its co-founder, group chief executive, and managing director, Amajit Gupta, told Mint.

"The 10-year fully underwritten facility will fund terrestrial and subsea fibre projects connecting Indian data centre clusters with regional hubs," he said.

Lightstorm will deploy the capital to construct network infrastructure across India's southern corridor and expand its I-2SEA subsea cable system to Southeast Asia, Japan, and the US, he added.

The company started its domesti...