New Delhi, Jan. 28 -- Yotta Data Services is pursuing a domestic stock market listing, reversing a plan to tap the US capital markets and go public on the Nasdaq, the top executive of the data centre and AI infrastructure company told Mint.

The Mumbai-based company, which has campuses in Navi Mumbai, Noida and GIFT City, had secured approvals to list its US parent entity following a merger with a special purpose acquisition company (SPAC).

The company will now prioritize an India initial public offering (IPO) amid rising domestic investor appetite for digital infrastructure and AI-linked assets, said Sunil Gupta, chief executive officer of Yotta. He said Yotta retains the option to raise capital overseas later.

"Our current plan is to ...