Hiranandani's Yotta Data plans to invest 16,000 crore

Looking to take on global cloud and data giants such as Amazon, Google, and Microsoft, Hiranandani family-owned Yotta Data Services is planning an investment push to the tune of Rs 16,000 crore. The company can also take the IPO route for a fund-raise, CEO Sunil Gupta has said. Gupta, who is also the co-founder of Yotta, said the company is planning the investment for expansion of data services using super-computing GPU chips sourced from US tech giant Nvidia.

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