Hyderabad-based technology firm Avisirah Technologies plans to develop a data centre and high-performance computing infrastructure in Navi Mumbai, backed by Rs 75 crore in funding from Syndicate Finance.
According to the company, the funds will be used for land acquisition and development of the proposed facility, including civil, electrical, power, cooling and connectivity infrastructure. The funding will also support procurement and installation of computing and data centre equipment, as well as working capital requirements associated with the facility’s development and operations.
Syndicate Finance has previously extended Rs 50 crore in funding to the company.
