Economic TimesLean R·
Lightstorm secures ₹2,500-cr debt for AI fibre
Mumbai: Network infrastructure provider Lightstorm has raised a ₹2,500 crore debt facility from IndusInd Bank to build "AI fibre highways" connecting AI data centre clusters across India. The 10-year fully underwritten debt facility will fund the next phase of the company's AI infrastructure expansion."This entire raise of ₹2,500 crore is going to fund what we think is the first large fundraise for AI cyber infrastructure across India," Amajit Gupta, group CEO and MD, Lightstorm, told ET.The de…
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