Digital lender DMI Finance Private Limited has closed a US$400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG), with participation from existing investor Sumitomo Mitsui Trust Bank Limited (SuMi TRUST Bank). The round includes primary and secondary transactions with the capital to be used ...

Web Werks and Iron Mountain Data Centers (IMDC) have launched their first data centre in Bengaluru under a join venture (JV) partnership designed to deploy hosting infrastructure across India. The facility is located in Whitefield and is positioned as a gateway to Southern India. Situated in an 80,000 square feet facility, the BLR-1 is a Tier III-designed data center tha...

Digital infrastructure builder and operator NTT’s capital expenditure (CAPEX) on infrastructure in India alone is set to reach US$4.5 billion in the coming years. The figure has received a substantial US$2.5 billion boost after a memorandum of understanding (MoU) was signed in Davos with Maharashtra to build data centres, submarine cables, and renewable energy plants in t...