Bridge Data Centres, a Bain Capital investee company, plans to invest $400 to 500 million in the India market over the next two years.
In addition, Bridge Data Centres, founded by industry veterans-Michael Foust and Kris Kumar in partnership with Bain Capital, will be making $220 – 250 million investment as part of its strategy to acquire data centre assets in other markets in Asia Pacific.
Bridge Data Centres plans to set up a green-field data center facility in Mumbai and other markets, and invest in acquisitions.
“Bridge Data Centres aims to build a leadership position through market disruption. Currently the market is underserved and supply-constrained and does not have world-class data centre facilities and operations,” said Michael Foust, executive chairman of Bridge Data Centres.
Kris Kumar, CEO of Bridge Data Centres said that the company is targeting a mix of acquisitions and green-field investments depending on individual market dynamics and availability of opportunities.
Bridge Data Centres is currently focusing on India and Asia Pacific as key markets for its first stage investments. Going forward, it aims to expand across APAC including Australia, China, Japan, Hong Kong, Indonesia and Philippines.
