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Tata Consultancy Services (TCS) has diluted its ownership in HyperVault AI Data Center Limited after TPG Terabyte Bidco Pte. Ltd. acquired a 49% stake for about ₹199.36 crore. This transaction finalized the conditions from agreements signed in November 2025, with TPG subscribing to 2,70,000 equity shares and over 70 million compulsory convertible preference shares.

Following this investment, TPG holds 49% of HyperVault's paid-up capital, ending TCS's status as the sole owner. HyperVault, founded on October 29, 2025, specializes in AI data center infrastructure and reported a net worth of ₹208.38 crore by December 31, 2025, without generating revenue in its initial months.