Lightstorm raises ₹2,500 crore debt to build AI fibre links with Singapore and Malaysia

New Delhi, August 11, 2026: Digital infrastructure company Lightstorm on Tuesday said it has secured a Rs 2,500 crore debt facility led by IndusInd Bank, as it announced the launch of an 'AI superhighway', a utility-grade, deep-trenched, high-capacity fibre network connecting India's AI hubs with hyperscale centres in Singapore and Malaysia via the I-2SEA subsea cable system.The development comes at a time when India is emerging as one of the world's most important AI compute markets. Lightstorm noted that hyperscalers are deploying data centres and graphics processing unit (GPU) clusters across the country at an accelerating pace, and emphasised that "infrastructure connecting that compute must match the ambition"."As India emerges as one of the fastest-growing AI markets, Lightstorm today announced the launch of India's 'AI superhighway' — a utility-grade, deep-trenched, high-capacity fibre network spanning domestically across the southern corridor, connecting India's AI zones and extending internationally to Singapore and Malaysia via the I-2SEA subsea cable system," the company said in a release.Rs 2,500 Crore Debt FacilityTo support the next phase of growth, the company has secured a Rs 2,500 crore debt facility led by IndusInd Bank. The facility carries a 10-year tenor and is on a fully underwritten basis.Extending beyond India's borders through the I-2SEA subsea cable system, the 'AI Superhighway' network creates a direct, high-capacity route linking Indian AI infrastructure to the hyperscale hubs of Singapore and Malaysia, it further said.Also Watch: Milky Mist IPO: Sathish Kumar Sold 10 Kg Paneer, Here's How Did A School Dropout Build A ₹10,778-Crore Company?SmartNet AI Fabric PlatformLightstorm said its SmartNet AI Fabric provides purpose-built, low-jitter, loss-optimised transport across more than 30,000 km of terrestrial fibre, over 21,000 km of subsea fibre, and more than 100 connected data centres globally.Delivered through its Polarin NaaS platform, Lightstorm enables enterprises, hyperscalers and AI infrastructure providers to provision and monitor global connectivity on demand, with visibility into network health and performance on a real-time basis.(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

Mumbai: Network infrastructure provider Lightstorm has raised a ₹2,500 crore debt facility from IndusInd Bank to build "AI fibre highways" connecting AI data centre clusters across India. The 10-year fully underwritten debt facility will fund the next phase of the company's AI infrastructure expansion."This entire raise of ₹2,500 crore is going to fund what we think is the first large fundraise for AI cyber infrastructure across India," Amajit Gupta, group CEO and MD, Lightstorm, told ET.The debt raise comes weeks after Lightstorm announced the I-2SEA subsea cable system connecting India with Singapore and Malaysia. The consortium includes Microsoft, Tata Communications, Telekom Malaysia, Singtel, NEC and JCPL, with Lightstorm and Microsoft serving as co-owners of the cable. Gupta said the project would provide the connectivity backbone for AI data centres across India and Southeast Asia. The company plans to expand its domestic fibre capacity by creating a dedicated AI corridor connecting major data centre hubs such as Mumbai, Chennai and Hyderabad while linking them to hyperscale AI zones in Singapore and Malaysia.