CloudExtel Raises INR 200 Crore (~USD 25 million) in Debt to Accelerate Fibre and Data-Centre Connectivity Expansion

Pranav Hotkar 27 Nov, 2025

New Delhi, India, November 27, 2025- CloudExtel has secured INR 200 crore (~USD 25 million)in external debt financing to expand its high-capacity fibre and data-centre connectivity network, marking one of the company’s most significant infrastructure pushes as demand for AI-ready digital backbones rises sharply across Indian metros. The new financing comes from a leading private-sector bank, according to reporting by ETtech and PTI syndicated outlets, though the lender itself has not been publicly named.

The company said the capital will be used to scale its Data Centre Interconnect (DCI) systems, starting in Mumbai and extending to other major cities. These systems are designed to link data centres, cloud zones, and enterprise campuses with high-capacity, low-latency fibre, a capability increasingly essential as AI workloads intensify network requirements. PTI coverage notes that CloudExtel aims to build a “large-scale, high-performance DCI fabric” tailored for cloud providers, financial institutions, and hyperscale operators.

CloudExtel also plans to expand its broader metro-fibre footprint, delivering Network-as-a-Service solutions to enterprises and content providers. The company’s pitch to customers centres on AI-native network design, with emphasis on predictable latency, carrier-neutral pathways, and high-availability redundancy. ETtech reports that the investment will support network densification across growth corridors where data-centre construction has intensified over the past two years.

The company has previously attracted both equity and debt from institutional investors such as Macquarie Capital and Advencap, and earlier financing rounds included support from NIIF IFL and Aditya Birla Finance. While those historical tranches inform CloudExtel’s capital strategy, the current INR 200 crore (~USD 25 million) raise stands as a new transaction aimed squarely at next-generation connectivity build-outs.

India’s data-centre ecosystem is in the middle of a rapid expansion cycle, with rising AI adoption creating unprecedented pressure on inter-data-centre bandwidth, fibre depth, power availability, and latency guarantees. CloudExtel’s announcement aligns with a broader shift in the sector, where network providers are racing to support hyperscale-adjacent infrastructure that can serve AI, fintech, media, and cloud-native workloads at scale.

A company spokesperson, speaking to PTI, said the initiative is focused on “scaling high-performance connectivity for the next phase of digital growth,” a quote carried consistently across syndicated reports.

With this financing, CloudExtel positions itself to play a more central role in India’s AI-era network architecture, as operators, cloud platforms, and data-centre developers turn to purpose-built fibre and DCI systems to keep pace with accelerating traffic and computational demand.


About the Author

Pranav Hotkar is a content writer at DCPulse with 2+ years of experience covering the data center industry. His expertise spans topics including data centers, edge computing, cooling systems, power distribution units (PDUs), green data centers, and data center infrastructure management (DCIM). He delivers well-researched, insightful content that highlights key industry trends and innovations. Outside of work, he enjoys exploring cinema, reading, and photography.


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CloudExtel Debt Funding Fibre Expansion Data Centre Connectivity DCI Network AI Infrastructure Mumbai Fibre Indian Metros Network-as-a-Service Low Latency Fibre Digital Backbone India