International Finance Corporation announces $371 million investment in data centre operator Sify

IFC Commits $371 Mn In Sify Arm To Build Two Data Centres

World Bank’s private lending arm International Finance Corporation (IFC) has announced a commitment of $371 Mn (₹3,500 Cr) in Sify Technologies’ subsidiary, Sify Infinit Spaces Ltd. (SISL), to develop two data centres in Navi Mumbai and Chennai. The two upcoming data centres will have a combined capacity of 103 MW. In a statement, IFC said that the financial package includes a loan of $71 Mn (₹675 Cr) and $300 Mn (₹2,830 Cr) in additional suppor…

International Finance Corporation announces $371 million investment in data centre operator Sify

The International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Navi Mumbai and Chennai. These facilities will be AI-ready and energy-efficient. The investment supports India's growing digital needs and expansion of its data centre capacity. This move is set to boost India's digital transformation and infrastructure.