Yotta targets $1.5 billion raise in FY27, including India IPO

“Our $1.5 billion fund-raise is a combination of pre-IPO fundraising, as well as an IPO. We are targeting Q4 of this fiscal year, subject to Sebi approval—we’re working towards ensuring compliance,” Sunil Gupta, co-founder and chief executive officer of Yotta, said in an interview. “The idea is that a big part of this $1.5 billion may get closed in the pre-IPO round itself, for which we’re in touch with large funds based in the US, and also those with India offices.”