AIM Research · specialised in data and AIIndependent · Analyst-led · Vendor-neutral

    Vendor passport · Updated Nov 2026

    Yotta Data Services

    Sovereign Cloud Infrastructure Providers (India)

    Placed in 1 PeMa market and a Leader in 1 of them, with its strongest showing in Sovereign Cloud Infrastructure Providers (India).

    1

    PeMa market

    1

    Leader placements

    1

    AIM reports

    2019

    Founded

    Mumbai, Maharashtra

    Headquarters

    Where it sits, market by market

    Each card shows its position against everyone else in that market's latest study.

    1Leader
    0Seasoned
    0Challenger
    0Growth

    Profile

    About Yotta Data Services

    Yotta Data Services is a Mumbai-based data centre and AI cloud company founded in 2019 by Sunil Gupta and Darshan Hiranandani and backed by the Hiranandani Group.

    It runs large data centre campuses in Navi Mumbai and Greater Noida and offers colocation, sovereign cloud, managed services and GPU cloud through its Shakti Cloud platform. A large Blackwell build with Gorilla Technology, with NVIDIA DGX Cloud as an anchor user, was moving into delivery in late 2026. Yotta raised $150 million at a valuation of about $3.9 billion, has outlined plans to order up to 90,000 NVIDIA GPUs, and has said it intends to file IPO papers and list by March 2027, seeking up to $1.5 billion; no filing was confirmed in October. AIM Research places Yotta as a Leader in the Sovereign Cloud Infrastructure Providers (India) market, where its GPU scale and capital plans set it apart.

    Steady

    Website yotta.com

    Buyer signals

    What changed lately

    Yotta plans up to $1.5 billion IPO, targeting a listing in January to March 2027

    Yotta CEO Sunil Gupta said the company intends to file draft IPO papers with SEBI in October and list in the January to March 2027 quarter, seeking up to $1.5 billion mainly through fresh shares. Proceeds are earmarked for debt repayment, GPU purchases and further sovereign cloud capacity. GPUs contribute about half of revenue, and overseas clients now form most of its customer base.

    Buyer takeawayBuyers can expect Yotta to add GPU and sovereign cloud capacity, though the shift toward international clients means Indian enterprises should confirm capacity commitments in their contracts.

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    Reports featuring Yotta Data Services

    1 AIM Research report

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    Analyst scorecard

    Scores, strengths and buyer signals

    Market names and placements are public. Scores and buyer signals are for signed-in buyers.

    MarketPlacementPenetrationMaturityBuyer signal
    Sovereign Cloud Infrastructure Providers (India)Leaders

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    Frequently asked

    Questions about Yotta Data Services

    Yotta Data Services is a Mumbai-based data centre and AI cloud company founded in 2019 by Sunil Gupta and Darshan Hiranandani and backed by the Hiranandani Group. It runs large data centre campuses in Navi Mumbai and Greater Noida and offers colocation, sovereign cloud, managed services and GPU cloud through its Shakti Cloud platform.