Wednesday, June 17, 2026

CtrlS raises ₹7,000 crore at $4.8 billion valuation to chase India’s AI data centre boom

“We have not used any freshwater in any of our data centres, except for our earliest ones with about 3-5MW in capacity. There, sadly, we cannot change the mechanism. All our new and upcoming data centres are air-cooled, which is energy-intensive. Energy consumption, however, has to happen—look at any crucial sector in the modern world such as aviation or automobiles, and each fundamental infrastructure consumes energy heavily. We’re investing in green energy facilities to fund the energy draw as a result—both through in-house green energy operations, and power purchase agreements with distributors in Noida and Pune, as well as through National Thermal Power Corporation (NTPC),” Pinnapureddy said.

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