SETL invests Rs 500 crore (~$60M USD) in Indian AI datacenter sector via GScale Energy acquisition.

SETL has acquired GScale Energy in a Rs 500 crore (~$60 million) investment into India's AI datacenter sector. The deal represents a strategic capital deployment into infrastructure required to support AI workload processing in the region.

The acquisition reflects growing investor interest in expanding AI datacenter capacity across emerging markets. India's AI infrastructure buildout requires significant power and cooling infrastructure, particularly as demand for GPU-intensive workloads accelerates across the subcontinent.