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TCS has teamed up with TPG to invest in data centers, focusing on AI and long-term growth.

TCS, the largest IT services company in India, has announced a partnership with private equity firm TPG. This collaboration was revealed on Thursday and aims to create a new data center business in India.

Both TCS and TPG will invest a total of Rs 18,000 crore in this new venture. TPG will contribute around $1 billion, which is approximately Rs 8,870 crore, to an AI data center called ‘Hypervault’. TPG is expected to hold a stake between 27.5 percent and 49 percent in this project.

This partnership is set to benefit TCS and its investors by improving returns, lowering capital costs, and enhancing the value of the data center platform. TCS recently announced plans to enter the data

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