Yotta Data Services raises Rs 1,357 cr in debt from State Bank of...

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2024-03-12 12:03:10

Yotta Data Services Secures Rs 1,357 Crore Debt from State Bank of India. Learn how Darshan Hiranandani-led Yotta Data Services and NMDC Data Centre have successfully raised significant debt funding from State Bank of India to fuel their digital transformation initiatives.
Visit - https://economictimes.indiatimes.com/industry/services/property-/-cstruction/yotta-data-services-raises-rs-1357-cr-in-debt-from-state-bank-of-india/articleshow/107633508.cms?from=mdr

Yotta Data Services Secures Rs 1,357 Crore Debt from State Bank of India. Learn how Darshan Hiranandani-led Yotta Data Services and NMDC Data Centre have successfully raised significant debt funding from State Bank of India to fuel their digital transformation initiatives. Visit - https://economictimes.indiatimes.com/industry/services/property-/-cstruction/yotta-data-services-raises-rs-1357-cr-in-debt-from-state-bank-of-india/articleshow/107633508.cms?from=mdr

ECONOMICTIMES.INDIATIMES.COM

Yotta Data Services raises Rs 1,357 cr in debt from State Bank of India

The company has raised this debt against its two data centres in Navi Mumbai by hypothecating the assets in favour of the bank. Certain receivables from the companys data centre in Mumbais central suburb Powai have also been pledged to secure this loan.

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