Yotta Data Services Pvt. Ltd., a leading data centre operator in India, is considering an initial public offering (IPO) in Mumbai that could raise up to $900 million. The company has engaged ICICI Securities Ltd. and SBI Capital Markets Ltd. as advisers for the IPO process, which is expected to occur in the final quarter of the year. Yotta's Chief Executive Officer Sunil Gupta stated that the company aims for a valuation of as much as $6 billion. In addition to the IPO, Yotta is contemplating a pre-IPO funding round to secure an additional $300 million. The shift to a domestic IPO comes as investor interest in artificial intelligence infrastructure grows, with the overall data centre market in India projected to surpass $100 billion by 2027, according to CBRE Group Inc. Previously, Yotta explored a US listing through a merger with a special purpose acquisition company but has redirected its focus towards the Indian market, where demand for digital infrastructure assets is increasing.