Cartica Acquisition Announces Merger with Nidar Infrastructure
Cartica Acquisition Corp (CRTAF) has announced a merger with Nidar Infrastructure Limited, effective November 6, 2025, pending shareholder approval. This merger aims to enhance Yotta Data Services, a subsidiary of Nidar, positioning it as a significant player in AI and cloud infrastructure, particularly in India's digital transformation. Nidar specializes in data center solutions and AI high-performance computing. The current market cap for Cartica Acquisition is $90.78 million, with an average trading volume of 4,700 and a technical sentiment signal indicating a 'Buy'.
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Cartica Acquisition ( (CRTAF) ) has shared an update.
On November 6, 2025, Cartica Acquisition Corp and Nidar Infrastructure Limited announced the effectiveness of their registration statement for a proposed business combination. This merger, expected to close after shareholder approval, aims to position Yotta Data Services, a subsidiary of Nidar, as a key player in AI and cloud infrastructure, enhancing India’s role in global digital transformation.
More about Cartica Acquisition
Nidar Infrastructure Limited, through its subsidiary Yotta Data Services, is a data center solutions provider based in Mumbai, India. It specializes in designing, building, and operating Tier III and IV data centers, offering hyperscale and enterprise colocation, cloud, and managed services. Nidar is a leader in AI high-performance computing in India, providing indigenous AI HPC cloud services.
Average Trading Volume: 4,700
Technical Sentiment Signal: Buy
Current Market Cap: $90.78M
For an in-depth examination of CRTAF stock, go to TipRanks’ Overview page.
