News › Markets · 28 Aug 2026, 11:13 AM IST · 4 days ago

Hyperscale data center operator Yotta set for IPO ‘very soon’, eyes valuation of $6 billion

Bias: Neutral 0

In one line — Chairman Darshan Hiranandani announced that Yotta Data Services is in discussions to enter capital markets soon. The company targets a $6 billion valuation and aims to raise $900 million through an IPO, focusing on expan

Bearish

Bullish

−10000 ●+100

Source: Mint · AI-summarised by Anadi · Updated 28 Aug 2026, 11:18 AM IST

What Happened

Chairman Darshan Hiranandani announced that Yotta Data Services is in discussions to enter capital markets soon. The company targets a $6 billion valuation and aims to raise $900 million through an IPO, focusing on expanding its AI infrastructure and services.