AdaniConneX

General Information

Company Name

AdaniConneX

Founded Year

2022

Location (Offices)

Ahmedabad, India +1

Founders / Decision Makers

Number of Employees

398

Industries

Data Analytics, Digital Media, IT Infrastructure

Funding Stage

Debt Financing

Social Media

AdaniConneX - Company Profile

\AdaniConneX is a 50:50 joint venture of Adani Group and EdgeConneX, founded in 2022 with a mission to develop a 1 GW national data center platform to support the growth of digital infrastructure in India. The company's slogan, "Empowering Digital India," reflects its focus on driving the digital transformation of the country. By building reliable data center facilities powered by 100% renewable energy in locations such as Chennai, Navi Mumbai, Noida, and Hyderabad, AdaniConneX aims to address the evolving needs of the digital economy.

\Benefiting from the strengths of its parent organizations, AdaniConneX leverages the Adani Group’s capabilities in renewable power management and EdgeConneX’s technical expertise in operating data centers with 99.999% availability. The partnership's commitment to reliability, safety, and sustainability is evident in its network development strategy and operational approach.

\The recent $875.00M Debt Financing investment on 28 April 2024, led by Intesa Sanpaolo, MUFG Bank, Société Générale, KfW IPEX Bank, ING Bank, Sumitomo Mitsui Banking Corporation, Natixis, and Standard Chartered Bank, signifies the market's recognition of AdaniConneX's potential to make a significant impact in the Data Analytics, Digital Media, and IT Infrastructure industries.

\Overall, AdaniConneX’s strategic focus on sustainable and reliable digital infrastructure, combined with its significant recent investment, positions it as a key player in India's digital transformation journey.

Taxonomy: Data center, Renewable energy, Digital India, Infrastructure platform, Cloud services, Data management, IT company, Reliability, Safety, Scalability, Ahmedabad, Gujarat, EdgeConneX, Adani Group

Funding Rounds & Investors of AdaniConneX (2)

View All

Funding Stage	Amount	No. Investors	Investors	Date
Debt Financing	$875.00M	8	ING Bank, Sumitomo Mitsui Banking Corporation +2	28 Apr 2024
Debt Financing	$213.00M	2	Sumitomo Mitsui Banking Corporation	23 Jun 2023