Lightstorm, a cloud and data centre networking solutions provider has raised ₹700 crores in funding from NIIF Infrastructure Finance (NIIF IFL).
The funding will be used to provide enterprises with cutting-edge network infrastructure, enabling them to fast-track their digital transformation initiatives.
The funds will be also used to expand the network footprint, enhance operational capabilities, and drive innovations to meet the dynamic needs of large enterprises across the country.
This funding will also strengthen Lightstorm’s India business of connectivity, enabling the company to scale its operations and support the increasing demand for high-speed, reliable network solutions.
“We are thrilled to secure this funding from NIIF IFL, which validates our growth roadmap and reinforces the confidence that leading financial institutions have in Lightstorm’s vision. This partnership will fuel our growth plans, allowing us to tap into expansion, new opportunities and unlock our business potential. As AI and data center growth reshape India’s digital ecosystem, this funding will enable us to build the robust connectivity backbone required to support this transformation,” said Amajit Gupta, Group CEO & MD, Lightstorm.
Founded in 2020 by Amajit Gupta and Ranjan Banerjee, Lightstorm provides digital network infrastructure solutions across the Asia-Pacific region. Lightstorm caters to the dynamic needs of Hyperscalers, cloud-native companies, and large enterprises through our innovative network solutions.
Lightstorm claims to have built a 30,000+ km fibre network across India with a capacity of around 700 Tbps, which currently serves around 100+ customers.