Gate News reports that on March 20, Yotta Data Services Pvt., the data center operator running India's largest-scale Nvidia AI processor cluster, is seeking a new round of financing at an estimated valuation of approximately $4 billion before submitting a preliminary prospectus for its initial public offering (IPO). The Mumbai-headquartered company plans to raise approximately $500 million to $600 million and intends to submit formal listing documents within weeks. According to informed sources, the company also plans to raise a comparable amount of capital in the public offering.