Yotta Data Services, India’s largest Nvidia AI processor operator, seeks
$500–600M in pre-IPO funding at a $4B valuation ahead of filing its draft
prospectus. Positioned as a domestic AI alternative, it targets a similar amount
in the public offering. IPO banks may include Nomura Holdings Inc., Goldman
Sachs Group Inc., ICICI Securities, and Kotak Securities. Investors include
Mubadala and Indian billionaires’ family offices.
