Sify files ₹3,700 cr IPO to fuel AI data centre expansion

Sify Infinit Spaces Ltd has filed its DRHP with SEBI to launch a ₹3,700 crore IPO, aiming to ride the AI infrastructure wave. The Chennai-based data centre colocation service provider plans to expand capacity, targeting enterprises demanding AI compute power. As demand for data infrastructure surges, Sify wants to position itself as a key player in India’s AI stack. The capital raise will support network build-out and strategic expansions across regions.