Aarii Ventures, the investment arm of Kothari family, along with Cello Family Office, announced an investment of $4.5 million in digital infrastructure firm Shreetech Data
FinTech BizNews Service
Mumbai, August 13, 2025: Aarii Ventures, the investment arm of Kothari family, along with Cello Family Office, today announced an investment of $4.5 million in digital infrastructure firm Shreetech Data Pvt. Ltd. The development is aimed at strengthening Shreetech’s vertically integrated operations across data centers, power infrastructure, and in house equipment manufacturing.
Founded in 1998, Mumbai based Shreetech delivers end to end infrastructure solutions, combining design, construction, technical audits, IT integration, and lifecycle management into a unified platform. Its services span across three key verticals: data center and digital infrastructure, power infra, and manufacturing of mission critical components. The company has executed over 100 data center projects and holds more than 500 MW of sanctioned power capacity.
The funding round was led by Aarii Ventures, the family office of the Kothari family, from Arvog and Augmont Group with over $8 billion in group revenues.
“Shreetech is redefining how mission critical infrastructure is delivered in India. Its integrated approach, backed by in house manufacturing and deep execution capabilities, is setting new benchmarks for speed, efficiency, and reliability in the sector. We believe it is not just building projects, but shaping the future of infrastructure itself, ” said Sagar Nishar, CIO, Aarii Ventures.
Also participating was the Cello Family Office, the private investment arm of the promoters of Cello Group, a legacy Indian brand known for its presence in homeware, and consumer products. Though it maintains a low public profile, the family office is an active participant in India’s startup ecosystem, with investments in high growth ventures including Zepto.
Shreetech’s manufacturing arm supports its EPC business and also serves third party clients. It produces core infrastructure components including LV switchboards, smart PDUs, cable management systems, and data center ceiling systems under its proprietary Datalix line. This backward integration allows Shreetech to control quality, manage costs, and improve delivery timelines, positioning it as one of the few infra players in India with in house production capabilities for data center equipment.
In the data center vertical, the company delivers turnkey projects including civil and MEP execution, IT networks, cloud and cybersecurity integration, smart city systems, and data center leasing. Its power infra vertical includes high-capacity transmission lines, substations, and rail electrification projects. All three business lines are supported by a centralized project execution and operations framework.
The company has reported strong growth at a CAGR of 62% with revenue rising from Rs88 crore in FY21 to Rs613 crore for FY25. driven primarily by data infra, followed by power infra and manufacturing..
With integrated execution, in house manufacturing, and backing from two strategic family offices, Shreetech is positioned as a full stack infrastructure partner to India’s evolving digital and industrial ecosystems.
