IFC proposes $20m investment in India's NxtGen Technology
The International Finance Corporation (IFC) is considering an investment of up to $20 million in Indian IT data center construction and management firm NxtGen Technology, in a deal that will involve both equity and debt.
According to a statement, NxtGen will use the capital to expand data center operations in Mumbai and Bangalore and in an ongoing project to construct a new data center in Bangalore. It is expected to cost...
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