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Airtel Invests $1 Billion in Nxtra Unit With Carlyle, Anchorage

Sanjai P R
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⚡ Quantum Brief
Bharti Airtel secured a $1 billion investment in its data center subsidiary, Nxtra Data Ltd., from Alpha Wave Global, Carlyle Group, and Anchorage Capital, announced March 2026. Alpha Wave Global led with a $435 million infusion, while Carlyle contributed $240 million and Anchorage Capital added $35 million, with Airtel covering the balance. The deal underscores growing demand for India’s data center infrastructure, positioning Nxtra as a key player amid the country’s digital expansion and cloud computing growth. Airtel, India’s second-largest wireless carrier, aims to leverage this funding to scale Nxtra’s capacity, supporting AI, 5G, and enterprise cloud services. This investment reflects private equity’s increasing focus on India’s tech infrastructure, aligning with global trends in hyperscale data center development.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Bharti Airtel announced an investment of $1 billion by Alpha Wave Global, Carlyle Group and Anchorage Capital in Nxtra Data Ltd., a subsidiary engaged in the data center business, India’s second-largest wireless carrier said Monday.Alpha Wave Global will invest $435 million, existing investor Carlyle $240 million, Anchorage Capital $35 million, with Airtel providing the remaining capital, according to a company statement.

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