Sify Infinit Spaces Limited
Category: AI Infrastructure
India's leading AI-ready data center colocation services provider and wholly owned subsidiary of Nasdaq-listed Sify Technologies, building next-generation sustainable digital infrastructure. Sify Infinit Spaces Limited was founded in 2017. The company is led by Sharad Agarwal. Based in Chennai, Tamil Nadu, India. Team size: 101-500. Total funding raised: $371M. Latest round: Debt. Key investors include International Finance Corporation (IFC), Kotak Special Situations Fund (KSSF), Kotak Data Centre Fund, Kotak Infrastructure Debt Fund, NIIF Infrastructure Finance Limited, India Infradebt.
- Founded
- 2017
- Headquarters
- Chennai, Tamil Nadu, India
- Team size
- 101-500
- Total funding
- $371M
Value proposition
AI-ready, energy-efficient data center colocation with NVIDIA DGX-Ready certification (first in India for liquid cooling), IGBC Platinum-rated sustainability, and 14 operational facilities across 6 Indian cities serving hyperscalers, banks, and enterprises.
Products and solutions
Data center colocation services, Built-to-Suit data centers, Green data centers, Data center interconnect, AI-ready data center infrastructure with liquid cooling, NVIDIA DGX-Ready colocation, GPU Cloud (Sify CloudInfinit+AI).
Unique value
First Indian data center operator with NVIDIA DGX-Ready certification for liquid cooling (130 KW/rack capacity); sustainability-linked financing from IFC; India's first data center IPO filing; 103 MW+ of new AI-ready capacity under development.
Target customer
Hyperscale cloud providers (3 of top 4 global hyperscalers in India), top Indian banks (7 of top 10), financial services, fintech, e-commerce, media firms, and enterprise customers across sectors.
Industries served
Banking & Financial Services, Cloud Computing, E-commerce, Media & Entertainment, AI/ML workloads, Enterprise IT, Government.
Technology advantage
NVIDIA DGX-Ready Data Center certification (first in India for liquid cooling, supporting 130 KW/rack); IGBC Platinum-rated green building design; 14 operational colocation facilities across 6 cities (Chennai, Mumbai, Noida, Bengaluru, Hyderabad, Kolkata); 103 MW new AI-ready capacity under development in Navi Mumbai and Chennai; 130 MW Siruseri campus (South India's largest AI-ready data center).
How they differentiate
First-mover in AI-ready liquid-cooled data centers in India with NVIDIA DGX-Ready certification; sustainability-linked financing from IFC (World Bank Group) providing credibility; part of Sify Technologies ecosystem (Nasdaq-listed, Fortune India 500) with integrated ICT services across cloud, networks, security; India's first data center company to file for IPO.
Main competitors
CtrlS Datacenters, Yotta Infrastructure, Nxtra by Airtel, AdaniConneX, STT GDC India
Key partnerships
NVIDIA (DGX-Ready Data Center certification, liquid cooling colocation partner), IFC / World Bank Group ($371M sustainability-linked financing), AWS, Microsoft Azure, Google Cloud (hyperscaler cloud partnerships), Trust Group (NCD arranger).
Notable customers
3 of top 4 global hyperscalers operating in India, 7 of top 10 Indian banks, 500+ enterprise clients across banking, financial services, fintech, e-commerce, media sectors.
Major milestones
2017: Incorporated as Sify Infinit Spaces Limited, 2021: Kotak Special Situations Fund invests ₹1,000 crore via CCDs, 2024: Appointed Sharad Agarwal as CEO, Became first in India to achieve NVIDIA DGX-Ready Data Center certification for liquid cooling, Listed maiden NCDs (₹250 crore) on BSE, 2025: Inaugurated 130 MW AI-ready data center campus in Siruseri, Chennai (South India's largest), Filed DRHP for ₹3,700 crore IPO (India's first data center IPO), Achieved NVIDIA DGX-Ready certification for Chennai and Noida facilities, 2026: IFC announces $371M sustainability-linked financing package ($71M direct + $300M mobilization), Kotak CCDs converted to equity ahead of IPO.
Growth metrics
14 operational colocation data centers across 6 Indian cities; 130 MW Siruseri campus (South India's largest AI-ready DC); 103 MW new capacity under development (Navi Mumbai + Chennai); 500+ enterprise clients; 240+ employees (as of Jul 2025); Parent Sify Technologies: Nasdaq-listed (SIFY), Fortune India 500, $1.07B market cap.
Market positioning
Leading Indian data center colocation provider positioned at the intersection of AI infrastructure boom and sustainable digital transformation. Competing with both domestic players (CtrlS, Yotta, Nxtra, AdaniConneX) and global operators (Equinix, NTT, STT GDC) in India's rapidly growing data center market projected to grow from 1,500 MW to 9,000 MW by 2030.
Geographic focus
India (primary); serving customers across Chennai, Mumbai, Noida, Bengaluru, Hyderabad, Kolkata with expansion in Navi Mumbai and Chennai.
About Sharad Agarwal
Ex-Vantage (built Data Center business); Ex-Amazon Web Services (capacity delivery for APAC region); 28+ years of experience across ecommerce, logistics, retail, cloud and data center domains.
Official website: https://sifyinfinitspaces.com