Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Infibeam Avenues to build small-scale data centres in 10 cities

Thursday, 13 Feb 2025
Share this on :

Infibeam Avenues, a fintech company headquartered in GIFT City, Gujarat, is set to build a network of small-scale data centres in 10 Indian cities over the next 12-18 months. This involves a Rs 200 crore investment under the Infibeam Quantum Edge brand. Each data centre will have a capacity of 1-2 MW, with individual costs ranging from Rs 20-50 crore. The first operational facility of two MW is in GIFT City.

The decentralised model of smaller data centres enables mobile edge computing and improves real-time data processing, especially for fintech and e-commerce applications. India’s cloud market is expected to reach USD 24.2 billion by 2028, and Infibeam aims to capitalize on this growth by building data centres closer to customers in Mumbai, Bengaluru, Hyderabad, Chennai, Delhi-NCR, and Tier-II cities. These centres reduce latency in digital payments and online transactions, support compliance with the Digital Personal Data Protection Act, and address the growing digital needs in smaller cities. Infibeam’s smaller, localised facilities offer a cost-effective, scalable alternative with lower operational expenditure (OPEX) and reduced risks due to their distributed nature.

The data centres are expected to achieve break-even within 24 months. Infibeam and its subsidiary Rediff India will utilise these facilities to enhance their operations, especially in AI-driven services and fintech solutions. Infibeam recently entered the AI sector with its vision AI firm, Phronetic.AI. 

New Password
Confirm Password