Alpha Wave Poised to Purchase Carlyle's Share in Airtel's Data Center Operations

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Alpha Wave Global to Acquire Carlyle's 24% Stake in Airtel's Nxtra Data Amid AI Boom

Data Center

M

Moneycontrol•11-03-2026, 14:06

Alpha Wave Global to Acquire Carlyle's 24% Stake in Airtel's Nxtra Data Amid AI Boom

•Alpha Wave Global is set to acquire Carlyle Group's 24% stake in Airtel's data centre business, Nxtra Data Ltd.
•Carlyle Group is exiting Nxtra to capitalize on rapid AI progress and surging data centre demand since 2024.
•Alpha Wave Global, an investor in OpenAI, Anthropic, and xAI, gains a strategic position in the evolving AI landscape.
•Nxtra Data, a key player in India's data centre industry, reported 13.33% revenue growth in FY25 and is scaling up capacity.
•India's data centre market is projected to expand significantly from 1.5 GW in 2025 to 8-10 GW by 2030, driven by AI, cloud, and data localisation.

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