India: Kotak Special Situations Fund to invest $133m in Sify’s data centre business

India: Kotak Special Situations Fund to invest $133m in Sify’s data centre business

Data Centre Racks. Source: Gaw Capital Partners

Kotak Special Situations Fund (KSSF), managed by Kotak Investment Advisors Limited (KIAL), on Monday said that it has agreement with Sify Technologies Ltd, to invest up to Rs1,000 crore ($135 million) in Sify Infinit Spaces Ltd (SISL), a wholly-owned subsidiary of Sify.