Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank’s arm -- Kotak Investment Advisors (KIA) has raised $590 million (about Rs 4,885 crore) for investments in the data centres in the country. It plans to raise $800 million under the Kotak Data Centre Fund and this is the first close for the same.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.