BusinessInfrastructureTechnology

ST Telemedia Plans Major Data Center Expansion Across Maharashtra with $570M Investment

ST Telemedia’s Global Data Centre division has signed an MoU with the Maharashtra government to invest heavily in data center development. The expansion includes existing parks in Mumbai and Pune, plus a new 27-acre campus near Mumbai, enhancing India’s digital infrastructure.

Major Data Center Investment in Maharashtra

Singapore-based ST Telemedia has reportedly committed to a substantial expansion of its data center operations in Maharashtra, India, according to recent announcements. Sources indicate the company’s Global Data Centre (STT GDC) India division will invest up to INR 5,000 crore ($570 million) to develop and enhance data center infrastructure across the state.

AIBusinessStartups

Lette AI Secures $1.4M Pre-Seed Funding to Transform Property Management with AI Agents

Lette AI, founded by former Nory executives, has raised $1.4 million in pre-seed funding. The proptech startup claims its AI-powered platform can reduce administrative tasks by up to 90% and save property teams over 100 hours monthly. The company plans expansion into UK and UAE markets.

Proptech Startup Emerges with Major Backing

Lette AI, a Dublin-based property management technology startup founded by former Nory executives, has reportedly raised $1.4 million in a pre-seed funding round, according to company announcements. The investment was led by Pitchdrive with participation from Baseline Venture and Lugus Capital, alongside angel investors including Nory AI co-founder Conor Sheridan and Mark Ransford.