Granthik Acquisition Sets the Stage for AdaniConneX’s AI-Ready Future

AdaniConneX, the strategic joint venture between Adani Enterprises and EdgeConneX, has taken another decisive step in expanding its digital infrastructure footprint by acquiring Granthik Realtors Pvt Ltd for ₹85.99 crore. Executed on June 26, 2025, through a share purchase agreement with Windson Projects LLP and its nominees, the acquisition highlights AdaniConneX’s focus on fast-tracking data center development across India.

Though Granthik Realtors is not yet operational, it possesses significant land holdings and the requisite regulatory clearances—making it a valuable asset in AdaniConneX’s mission to build a 1GW data center platform by 2030. This move allows the joint venture to bypass the usual bureaucratic hurdles of land acquisition and licensing, significantly accelerating project timelines for infrastructure development.

This isn’t AdaniConneX’s first such acquisition. In May 2024, the company acquired Terravista Developers—another strategic land-holding entity. While details on Terravista's holdings are limited, the pattern is clear: the company is focusing on acquiring land-rich firms that provide a springboard for rapid infrastructure deployment.

Such moves serve a dual purpose. First, they enable strategic land banking in urban hotspots like Chennai, Navi Mumbai, Noida, Hyderabad, and Vizag—future-proofing AdaniConneX’s ambitions amid India's digital transformation. Second, they reinforce vertical integration, giving AdaniConneX greater control over timelines, development standards, and alignment with sustainability goals.

With the broader Indian tech ecosystem gearing up for an era of AI-driven growth and cloud adoption, AdaniConneX’s acquisitions reflect a long-term play for digital sovereignty and hyperscale readiness. These quiet acquisitions may not dominate headlines, but they’re laying the groundwork for India’s next-generation digital backbone.