Head of Capital Formation
- Compensation
- Not disclosed
- Location
- Bengaluru, KA, India
- Work setup
- Not specified
- Seniority
- C level
- Employment
- Not specified
- Experience
- 10+ years
- Category
- Not specified
- Posted
Nice to have
- • Fundraising experience for data centres, GPU cloud or hyperscale infrastructure in India or the wider Asia Pacific region.
- • Exposure to GPU or asset-backed financing, OEM vendor financing or export credit facilities.
- • Experience with green bonds, sustainability-linked loans or DFI funding from institutions such as IFC, ADB or AIIB.
- • Exposure to pre-IPO preparation, IPOs, or InvIT and REIT structures.
- • Experience of setting up a fundraising or investor relations function in a high-growth business.
- Personal Attributes
- • Credible and composed in front of boards, investment committees and credit committees.
- • Commercially sharp, with sound judgement in balancing speed, cost and control in a transaction.
- • Comfortable building from the ground up in an entrepreneurial, founder-led environment.
- • High integrity and a strong sense of ownership.
- What's on offer:
- • The opportunity to lead capital raising for one of India's few vertically integrated AI infrastructure platforms.
- • Direct exposure to the Founder and CEO and the Board, with genuine ownership of outcomes.
- • A leadership-level compensation package with meaningful long-term incentives.
Full description
About the Organisation:
RackBank Datacenters is an Indian AI infrastructure company that builds and operates hyperscale, AI-ready data centres, offering high-density GPU hosting, colocation and in-house liquid immersion cooling. The group's campuses are located in Indore, Raipur and Mumbai, including the Raipur AI Data Centre Park, planned at 80 MW in its first phase with scope to grow to 160 MW.
NeevCloud is the group's GPU cloud platform, providing AI compute as a service to Indian enterprises, startups and public sector customers. Together, the two businesses cover the full value chain, from land, power and cooling through to the cloud layer. It is a capital-intensive model, and access to capital at the right cost and at the right time is central to the group's growth plans.
Job Title: Head of Capital Formation
Location: Mumbai or Bengaluru, with regular travel to group sites in Indore and Raipur and to investor markets in India, Singapore, the Middle East, the US and Europe
Role Overview:
The group is appointing its first dedicated leader for capital raising. The Head of Capital Formation will design and deliver a multi-year funding programme across equity, project finance, asset-backed debt, and vendor and export credit financing, and will own the financial models that investors and lenders rely on.
This is a highly visible role with direct access to the Founder and CEO and the Board. It will suit a seasoned capital markets professional who has led transactions from the first model through to funds in the bank, and who appreciates that in AI infrastructure, the timing and cost of capital shape the build programme as much as construction or GPU supply.
Key Responsibilities:
Capital Strategy and Fundraising
- Develop the group's multi-year capital plan with the CFO and CEO, setting the right mix of equity, project-level debt, holding company debt and hybrid instruments for each phase of expansion.
- Lead equity raises with private equity and infrastructure funds, sovereign wealth funds, family offices and strategic investors, covering positioning, investor targeting, the pitch deck, information memorandum, data room and management presentations.
- Originate and close debt financing, including project finance, GPU and receivables-backed facilities, ECBs, vendor and OEM financing, export credit agency and DFI funding, and green or sustainability-linked instruments.
- Build and manage a structured investor and lender pipeline across India and international markets, and lead roadshows alongside the CEO and CFO.
- Appoint and manage investment banks, legal counsel and diligence advisors, and negotiate valuation, term sheets, covenants, security packages and transaction documents through to disbursement.