Sify raises addl Rs.600-Cr from Kotak Data Center Fund

Kotak Data Center Fund has invested an additional INR 600 crore in a unit of Chennai-headquartered Sify Technologies, via compulsorily convertible debentures (CCDs). The investment in Sify Infinit Spaces (SISL), which takes the overall investment by Kotak to INR 1,600 crore, has been deployed for expanding data centre capacity across India and investing in renewable energy.