BREAKING: Amsterdam’s Yondr is OUT - What This Means for India’s Red Hot Data Centre Market

The data centre landscape in India is witnessing a significant shift as Amsterdam-based Yondr has announced its decision to exit the Indian market, leaving its joint venture partner Everstone Capital to eye full control of their data centre business.

This move comes as a surprise to many, especially considering the rapid growth of the Indian data centre market in recent years. As the Indian government continues to invest heavily in the digital infrastructure, the demand for data centres has skyrocketed, making it an attractive market for companies looking to expand their presence in the region.

Yondr, a leading global data centre developer, had formed a joint venture with Everstone Capital in 2020 to tap into the Indian market. The partnership had shown promise, with the two companies working together to develop several data centres across the country. However, it appears that Yondr has decided to re-evaluate its priorities and focus on other markets.

Everstone Capital, on the other hand, is looking to capitalize on the opportunity and acquire full control of the joint venture. The private equity firm has been actively investing in the Indian data centre market and sees this as a chance to further strengthen its position in the region.

This development is likely to have significant implications for the Indian data centre market. With Yondr's exit, the market is likely to see increased competition among the existing players, which could lead to better services and more competitive pricing for customers.

Meanwhile, Everstone Capital's decision to acquire full control of the joint venture is a testament to its confidence in the Indian data centre market. The firm is likely to invest heavily in expanding the data centre business, which could lead to the creation of new jobs and increased economic activity in the region.

As the Indian data centre market continues to evolve, it will be interesting to see how this development plays out. One thing is certain, however - the exit of Yondr and the increased focus of Everstone Capital are likely to have a significant impact on the market in the days to come.