Home India Competition Commission of India CCI approves acquisition of certain shareholding in Nxtra Da...
Date: 2026-06-23 Category: Press Release State: Union Government Country: India

CCI approves acquisition of certain shareholding in Nxtra Data Ltd (Target) by Alpha Wave Ventures II, LP (Acquirer)

Issued by Competition Commission of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary of Competition Commission of India Approval** **Approval Overview** The Competition Commission of India (CCI) has approved the acquisition of a specific shareholding in Nxtra Data Limited (Target) by Alpha Wave Ventures II, LP (Acquirer). The transaction is structured as a primary subscription of equity shares by the Acquirer in the Target company. **Entities Involved** * **Acquirer:** Alpha Wave Ventures II, LP is a private equity fund. It is managed by Alpha Wave Ventures GP, which is a joint venture between Alpha Wave Global and Lunate Holding RSC Ltd. * **Target:** Nxtra Data Limited is a provider of data center colocation services operating within India. **Administrative Details** * **Release Date:** 23 June 2026, 6:05 PM * **Issuing Authority:** PIB Delhi / Competition Commission of India * **Release ID:** 2277129 * **Status:** A detailed official order regarding the Commission’s decision is forthcoming. * **Language Availability:** The announcement is available in Urdu, Hindi, and Tamil.

Key Entities Referenced

Competition Commission of India (CCI): The statutory regulatory body responsible for approving the acquisition and enforcing competition laws in India. Nxtra Data Limited: The target entity in the transaction, which provides data center colocation services in India. Alpha Wave Ventures II, LP: The acquiring private equity fund involved in the primary subscription of equity shares of the target company.
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Competition Commission of India CCI approves acquisition of certain shareholding in Nxtra Data Ltd (Target) by Alpha Wave Ventures II, LP (Acquirer) प्रव तथ: 23 JUN 2026 6:05PM by PIB Delhi The Competition Commission of India (CCI) has approved acquisition of certain shareholding in Nxtra Data Limited (Target) by Alpha Wave Ventures II, LP (Acquirer). The Proposed Combination pertains to the acquisition by the Acquirer of a certain shareholding in the Target by way of primary subscription of equity shares of the Target. The Acquirer is a private equity fund managed by Alpha Wave Ventures GP, a joint venture between Alpha Wave Global and Lunate Holding RSC Ltd. The Target is engaged in providing data center colocation services in India. Detailed order of the Commission will follow. ***** NB/ONP (रलीज़ आईडी: 2277129) आगंतुक पटल : 197 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Tamil

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