CtrlS Secures ₹7,000 Crore Investment from CPP Investments for Growth

CtrlS Secures ₹7,000 Crore Investment from CPP Investments

Hyderabad, India – CtrlS Datacenters Ltd. has recently announced a significant strategic alliance with the Canada Pension Plan Investment Board (CPP Investments), marking a crucial milestone in the growth of digital infrastructure in India. This partnership will see CPP Investments commit a total of ₹7,000 crore (approximately CAD 1 billion) to enhance CtrlS's infrastructure across the country.

As part of this venture, CPP Investments will initially invest ₹4,000 crore (around CAD 588 million) for an 8.2% stake in CtrlS, illustrating their confidence in the company's market leadership and operational excellence. This partnership also includes establishing a joint venture, where both parties aim to develop hyperscale data center campuses throughout India. Under this arrangement, CPP will invest up to ₹3,000 crore (CAD 441 million), acquiring a 48% share, while CtrlS retains a majority stake at 52%.

This collaboration is poised to accelerate the development of next-generation data center infrastructure, catering to the increasing demand for cloud services, AI applications, and the burgeoning digital economy in India. CtrlS's founder and CEO, Sridhar Pinnapureddy, expressed his views on this pivotal investment, stating, "The rise of AI in India is not on the horizon; it is here now. The undeniable demand from cloud service providers, businesses, and large enterprises is evident."

Sridhar further emphasized that this partnership with CPP Investments strengthens CtrlS's commitment to reliability, sustainability, and long-term growth. He states, "Together, we are not just expanding capacity; we are setting a benchmark for AI-ready infrastructure in one of the world's most significant digital markets."

Max Biagosch, Senior Managing Director and Global Head of Real Assets at CPP Investments, shared insights about India's thriving digital ecosystem, calling it a cornerstone of their global data center strategy. He noted, "The demand for data center infrastructure in India is rapidly accelerating, driven by hyperscale expansion, national cloud growth, and increasing AI-driven demands. This alliance allows us to scale high-quality infrastructure, delivering long-term value for the contributors and beneficiaries of CPP."

This investment builds upon CPP Investments' robust history of engaging in the Indian market, which began with their initial investment in 2009 and the establishment of a Mumbai office in 2015. By March 31, 2026, they have amassed over ₹1,850 crore (approximately CAD 27 billion) in net assets within India, solidifying their position as one of the country’s largest institutional investors.

As CtrlS continues to lead the digital infrastructure sector in India, its strategy encompasses building world-class, sustainable data center campuses across the nation. With the growing integration of AI and cloud technologies, CtrlS aims to provide resilient, scalable infrastructure ready for the future growth of India’s economy.

Founded in 2007, CtrlS Datacenters Ltd. operates 19 data centers in nine key Indian markets, boasting over 370 MW of capacity and various projects totalling 4.4 GW in different stages of execution. The company is dedicated to creating the next generation of hyperscale infrastructure that supports India’s rapid digital economy while leading the charge in renewable energy and sustainable practices in data centers. CtrlS also plans to expand into international markets, beginning with Thailand.

For more information, please visit www.ctrls.com or follow them on LinkedIn for the latest updates.