Yondr forms $1bn joint venture to build data centres in India
Yondr Group has formed a $1 billion joint venture with Everstone Group to open hyperscale data centres in India.
Operating under the brand name EverYondr, the first data centre to be opened by the pair will be located in the Mumbai Metropolitan Region, for which land and power have already been acquired.
That facility will deliver 30MW of IT capacity by 2023, and a total of 60MW when it is fully developed.
Other regions targeted for new facilities include Hyderabad, Bengaluru, Chennai and Delhi.
Everstone’s real estate arm Indospace develops industrial facilities in India. Until recently, Yondr was Europe-focused. Prior to this Indian move, the firm recently announced a $2bn expansion drive into the Americas, including a new campus in Northern Virginia, US (picture render above).
Dave Newitt, CEO at Yondr Group, said: “Our mission is to help clients meet their data centre capacity and technical real estate needs, faster and with better performance outcomes than anyone else.
“Collaborating with a specialised and trusted partner like Everstone will enable us to continue to deliver on that promise in the Indian market that is critically under-served today.”
Sameer Sain, co-founder and CEO of Everstone Group, added: “To meet the accelerated pace of cloud adoption, hyperscale companies are increasingly looking to credible partners to help realise their expansion needs.
“Yondr’s global experience, combined with Everstone’s strong execution capabilities in India, will provide clients with a credible and consistent choice.”