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

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2024-03-12 12:26:10 -

Darshan Hiranandani-Led Yotta Data Services Secures Rs 1,357 Crore Debt Financing from State Bank of India. 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

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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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