Nxtra Secures $1B from Alpha Wave and Carlyle for Data Center Expansion
Nxtra, the data center subsidiary of Bharti Airtel, is set to raise $1 billion in a strategic funding round led by Alpha Wave Global. The capital injection, which includes participation from parent company Airtel and existing investor Carlyle, will accelerate Nxtra's hyperscale and edge data center rollout across India to meet surging AI and cloud demand.