BLACK BOX LIMITED ; Co secures Rs. 410 Crores in funding to drive growth and expansion in digital infrastructure sector
Co. Says fund raise capital is a growth capital for the Company and will be invested across several key areas:
Expansion of Data Centre Build Capabilities: Data Centre capacity is expected to grow exponentially over the next 3-5 years fuelled by adoption of Cloud and Al. Black Box has strong presence in this segment and would invest in the value chain to be a dominant player providing expanded services to Hyperscalers, Multi-Tenant Data Centre operators and Large Enterprise Data Centre.
Advancement in Network Infrastructure: Black Box will deploy capital to expand its Solutions portfolio for its enterprise customers and Data Centre operators including Hyperscalers in the areas of Connectivity Infrastructure and Networking that will be critical to support increasing data traffic and demands of better user experience at the edge.
Innovation and Delivery: A portion of the funds will be allocated to innovation and development efforts aimed at pioneering new digital infrastructure solutions, including advancements in cloud computing infrastructure, cybersecurity, artificial intelligence and loT.
