Mumbai, Nov. 21 -- The move marks a major step in TCS' ambition to become the world's largest AI-led technology services provider.

The investment will support HyperVault's plan to build gigawatt-scale, AI-ready data centre infrastructure, aligning with TCS' broader strategy to set up data centres with capacity exceeding 1 GW in the coming years.

HyperVault will be funded through a mix of equity from TCS and TPG, along with debt. Both partners will jointly invest up to Rs 18,000 crore over the next few years. Of this, TPG will contribute up to Rs 8,820 crore and is expected to hold a final stake between 27.5% and 49% in HyperVault.

TCS said bringing TPG on board as a strategic partner will help the company enhance shareholder returns, r...