What Sify Infinit Spaces does

Sify Infinit Spaces Limited (SISL) is the data center subsidiary of Nasdaq-listed Sify Technologies Limited and operates as one of India's leading pure-play colocation providers. Founded formally in 2017 but tracing its data center heritage to Sify's 2000 launch of India's first commercial data center in Vashi, Mumbai, the company operates 14 colocation facilities across six Indian cities (Mumbai, Chennai, Noida, Bengaluru, Hyderabad, Kolkata) with 188.04 MW of built IT power capacity as of June 30, 2025. Three hyperscale campuses anchor the footprint: Mumbai 03 Rabale (377+ MW design capacity with 96.94 MW operational across five towers), Noida 02 (25.92 MW operational, TIA-942 Rated 4, dedicated 220 KV substation), and Chennai 02 (on-premise subsea cable landing station, IGBC Platinum rated).

The core product is colocation — rack space, power, cooling, and physical security delivered on recurring monthly contracts — supplemented by built-to-suit data centers, Data Center Interconnect, green data center services, and a newer Pay-Per-Use AI colocation module targeting GPU cloud partners at NVIDIA-certified facilities. Technology differentiators include direct-to-chip liquid cooling supporting up to 130–200 kW per rack, carrier-neutral hyperconnected ecosystems with dense fiber, 99.99%+ uptime on newer facilities, and a broad certification stack covering ISO 27001/27017/27018/20000-1/9001/14001/45001, PCI DSS, SOC 1/2 Type 2, and CMMI Level 5.

Revenue is generated primarily through long-term recurring colocation subscriptions and built-to-suit arrangements, with usage-based Pay-Per-Use pricing for AI workloads as an emerging incremental stream. FY26 revenue was reported at Rs 1,700+ crore with 45%+ EBITDA margins and 24% Q4 YoY growth. The customer base of 500+ includes hyperscalers (cloud, social media platforms including 2 of the top 5 globally), BFSI (7 of the top 10 Indian banks, large NBFCs, India's largest general insurer), OTT players, and a leading European payments company. Capital structure has been re-architected for a planned IPO (Rs 3,700 crore filed October 2025, SEBI-approved January 2026, postponed June 2026) with Rs 1,600 crore of Kotak equity (now converted from CCDs), Rs 250 crore of AA- rated NCDs, and $371 million in IFC sustainability-linked financing for additional 103 MW of AI-ready capacity.

Name

Sify Infinit Spaces

Legal name

Sify Infinit Spaces Limited

Website

https://sifyinfinitspaces.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sify Infinit Spaces is India's pure-play data center subsidiary of Nasdaq-listed Sify Technologies, operating 14 colocation facilities across 6 cities with 188+ MW built capacity. It serves hyperscalers, banks, and large enterprises with NVIDIA-certified AI-ready infrastructure.

Ownership category

akta.pro rank

Product category

Data Center Colocation Services

NAICS

Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Equipment Rental & Leasing, Nec (7359), Services-Telephone Interconnect Systems (7385)

akta.pro primary industry

Retail Colocation (Multi-Tenant Data Centers) (HDABACAA)

akta.pro secondary industries

Wholesale Colocation (Powered Shells / Suites) (HDABACAB), Managed Colocation & Remote Hands Services (HDABACAD), Interconnection-Focused Colocation (IX / Meet-Me-Room Ecosystems) (HDABACAF), Carrier-Neutral Interconnect & Meet-Me Room (MMR) Services (HDABALAD), Network Interconnection & Data Center Meet-Me Services (MMRs, carrier hotels, interconnect fabrics) (HDAIAEAK)

Keywords

• Data center colocation
• Hyperscale data centers
• AI-ready infrastructure
• Carrier-neutral facilities
• Built-to-suit data centers

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Colocation Services: Providing rack space, power, cooling, and physical security for customer IT equipment. Revenue is generated through recurring monthly fees based on power consumption and space utilized. Long-term contracts with hyperscalers and enterprises.
2. Built-to-Suit Data Centers: Custom-designed and constructed data center facilities to meet specific customer requirements. Revenue from construction services and subsequent colocation arrangements.
3. Data Center Interconnect: Network connectivity services connecting customer installations across data centers and to cloud providers. Additional connectivity and network services revenue.
4. Pay-Per-Use Colocation: Hourly pricing model for AI colocation services inclusive of hosting, power and infrastructure costs. Targets GPU cloud partners and AI service providers.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Sify Infinit Spaces operates 14 colocation data center facilities across 6 Indian cities, providing rack space, power, cooling, physical security and connectivity to hyperscalers, banks, OTT platforms and enterprises. The company offers colocation services on recurring subscription terms, built-to-suit custom facilities, carrier-neutral interconnect and AI-ready capacity with NVIDIA DGX-Ready liquid-cooled certification supporting up to 130-200 kW per rack. Pay-Per-Use hourly pricing is offered for GPU cloud partners at NVIDIA-certified campuses.

Product overview

Sify Infinit Spaces is a leading provider of data center colocation services in India operating on a platform-plus-modules architecture. The company offers a converged ecosystem of data center services comprising Colocation Services, Built-to-Suit Data Centers, Green Data Centers, and Data Center InterConnect as core offerings. The portfolio includes Pay-Per-Use Colocation for AI-ready workloads as an add-on module. Major hyperscale data center facilities include Noida 02, Mumbai 03 Rabale, and Chennai 02 campuses. As of June 30, 2025, the company operates 14 colocation data center facilities across 6 cities (Mumbai, Chennai, Noida, Bengaluru, Kolkata, Hyderabad) with 188.04 MW built IT power capacity. Three facilities are NVIDIA DGX-Ready certified for AI workloads supporting up to 130 kW per rack using liquid cooling technology. The company serves over 500 clients including hyperscalers and enterprises.

Differentiator

Problem solved

Functional benefit

Products and services

• Colocation Services Rack space, power, cooling and physical security for customer IT equipment, offered on a pay-as-per-power-usage basis from single cabinet to multi-megawatt deployments for hyperscalers, BFSI, OTT and enterprise customers.
• Built-to-Suit Data Centers Custom-designed and constructed data center facilities built to specific customer requirements, typically bundled with subsequent long-term colocation arrangements for hyperscalers and large enterprises.
• Green Data Centers Sustainable data center operations delivering carbon-neutral hosting with low Power Usage Effectiveness, Water Usage Effectiveness and Carbon Usage Effectiveness, supported by renewable energy contracts, for ESG-conscious enterprise and hyperscaler customers.
• Data Center InterConnect Pre-built 10G Ethernet connectivity that integrates customer installations across Sify data centers and to cloud providers, enabling a seamless virtual campus and redundant network paths within the carrier-neutral ecosystem.
• AI-Ready Pay-Per-Use Colocation Hourly, usage-based colocation at NVIDIA-certified AI-ready hyperscale campuses, targeted at GPU cloud partners and AI service providers, supporting NVIDIA H100, H200, B200, GB200 NVL72 and GB300 NVL72 platforms with liquid cooling included.
• Noida 02 Hyperscale Data Center Campus Hyperscale data center campus in Noida with 25.92 MW operational IT power, 130+ MW planned capacity, dedicated 220KV substation, TIA-942 Rated 4 certification, NVIDIA DGX-Ready for AI workloads and direct-to-chip liquid cooling supporting up to 130 kW per rack.
• Chennai 02 Hyperscale Data Center Campus Largest hyperscale data center campus in Southern India with 25.92 MW built IT power capacity, on-premise subsea data cable landing station, direct-to-chip liquid cooling up to 130 kW per rack, IGBC Platinum sustainability rating and NVIDIA DGX-Ready certification.
• Mumbai 03 Rabale Hyperscale Data Center Campus Largest hyperscale data center campus in the Sify portfolio with 377+ MW design capacity potential, 5 towers operational at 96.94 MW combined IT power, on-premise 110KV and 220KV GIS substations, and the first in India to receive NVIDIA DGX-Ready certification for AI workloads.

Quantifiable outcome

• 99.99%+ uptime maintained for new data centers since inception
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered major, core and minor.

• Indian Green Building Council (IGBC)majorTechnology or Integration · 19 June 2026Platinum rating certification body for green building standards. Chennai 02 and Noida 02 facilities built to IGBC Platinum standards.
• International Finance Corporation (IFC) AdvisorycoreStrategic or Co-development Partner · 15 January 2026Engagement for sustainability-linked financing advisory services including support for maiden sustainability-linked bond. Aligns with resource efficiency and India's energy goals.
• Telecommunications Industry Association (TIA)majorTechnology or Integration · 4 October 2024TIA-942 certification body for data center standards. Chennai 02 and Noida 02 hold Rated 3 and Rated 4 certifications.
• Cushman & Wakefield and 1LatticeminorStrategic or Co-development Partner · 4 October 2024Industry report providers referenced for market positioning and competitive analysis in IPO documentation.
• NVIDIAcoreTechnology or Integration · 2 September 2024NVIDIA DGX-Ready Data Center certification program partner. First in India to achieve certification for liquid cooling supporting up to 130-200 KW per rack. Enables deployment of NVIDIA DGX systems including H100, H200, B200, GB200 NVL72, and GB300 NVL72 platforms for enterprise AI workloads.

Scale indicators14 records

Recent moves16 records

Expansion highlights8 records

Direct peers

• CtrlS Datacenters: CtrlS is India's largest pure-play hyperscale colocation operator with facilities across multiple cities and a focus on Tier-4 data centers. It directly competes with Sify on hyperscaler contracts, AI-ready builds, and enterprise BFSI customers in India.
• Yotta Infrastructure: Yotta (part of Hiranandani Group) operates hyperscale data centers in India with NVIDIA GPU cloud and colocation services, directly overlapping with Sify's AI-ready, pay-per-use GPU colocation and hyperscale customer base.
• ST Telemedia Global Data Centres (STT GDC India): STT GDC operates a multi-megawatt India colocation portfolio across major metros with hyperscale and enterprise tenants. It competes with Sify on the same hyperscale RFPs and enterprise colocation contracts across BFSI and large enterprises.
• AdaniConneX: AdaniConneX is a joint venture between Adani Group and EdgeConneX building hyperscale and edge data centers across India, competing head-to-head with Sify on hyperscaler anchor tenancy and capacity expansion in Indian metros.
• NTT Global Data Centers (India): NTT operates multiple hyperscale data centers in India through NTT Communications and Netmagic, targeting the same hyperscaler and large-enterprise customer segments as Sify with global delivery optionality.
• Vantage Data Centers: Vantage is a global hyperscale data center operator with APAC campuses, where Sify's CEO Sharad Agarwal previously led BD. Vantage and Sify compete for the same hyperscaler and AI/ML workload customers in the Asia-Pacific region.
• Bridge Data Centres: Bridge Data Centres (backed by Yunfeng Capital and Malaysia's GDS) builds hyperscale data centers across Asia including India, competing with Sify on hyperscaler anchor deals and large built-to-suit projects in India.

Broad incumbents

• Equinix: Equinix is the global colocation and interconnection incumbent with carrier-neutral IBX facilities across major markets; it is the same franchise Mark Adams helped scale at Sify's board and serves as a comparable global benchmark for Sify's carrier-neutral, interconnection-heavy model.
• Digital Realty: Digital Realty is a global hyperscale and interconnection colocation incumbent with PlatformDIGITAL, serving many of the same hyperscaler and large-enterprise customers as Sify at global scale.
• Iron Mountain Data Centers: Iron Mountain operates a global colocation footprint serving enterprise, hyperscale, and government customers with a focus on compliance and security—adjacent to Sify's enterprise BFSI and government-oriented positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sify Infinit Spaces