Venture Capital

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Princeton Digital Group

Rangu Salgame's Princeton Digital Group builds hyperscale data centers across seven Asian countries, backed by Warburg Pincus, Ontario Teachers', and...

Princeton Digital Group logo

Princeton Digital Group

We are a global telecom, media and technology buy-out platform that brings together the best of a financial investor and a strategic sponsor. Our partnership with Warburg Pincus combined with our deep operating experience positions us uniquely to build transformative businesses.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

Singapore

City

Singapore

Corporate office

CapitaGreen, Level 29, 138 Market Street, Singapore 048946

Additional offices

Shanghai, China · Jakarta, Indonesia · Mumbai, India · Kuala Lumpur, Malaysia · Tokyo, Japan · New York, United States

Principals

Rangu Salgame

Chairman, Chief Executive Officer and Co-Founder

Varoon Raghavan

Chief Operating Officer and Co-Founder

Niall Hannigan

Chief Financial Officer

Sector focus

InfrastructureReal Estate

Frequently asked questions

Who runs investment decisions at Princeton Digital Group?

Chairman and CEO Rangu Salgame co-founded the firm and leads strategy alongside COO Varoon Raghavan. Both had senior roles at Tata Communications before launching PDG. The board — which includes Jeffrey Perlman from Warburg Pincus, Jan Brand from Ontario Teachers', Saed Arar from Mubadala, and Andrew Thomas from Stonepeak — suggests major capital decisions are shared with institutional investors.

How is PDG funded, and who owns it?

Warburg Pincus is a lead investor. In 2025, Stonepeak committed $1.3B in a strategic partnership that added board representation. The board also includes members from Ontario Teachers' Pension Plan and Mubadala Investment Company, creating a capital stack that blends private equity and institutional infrastructure mandates.

How does PDG's geographic footprint differ from other Asian data center operators?

PDG operates in seven countries: Singapore, Japan, India, Indonesia, China, Malaysia, and South Korea. The firm clusters capacity in the SG-Johor-Batam corridor while also maintaining China exposure via facilities in Greater Beijing, Shanghai, and Nanjing. This multi-country, hyperscale-only focus is uncommon among operators who typically emphasize one or two core markets.

Does PDG invest in assets beyond data centers?

No. PDG is a pure-play data center developer and operator. All known facilities are purpose-built for hyperscale cloud and AI workloads. The firm does not disclose investments in fiber, towers, or energy generation, though its 2024 sustainability report details 62% renewable energy procurement and a net-zero 2030 target.

What was PDG's most recent capital event?

In 2025, PDG announced a $1.3B partnership with Stonepeak, the New York-based infrastructure investor, to fund the firm's next wave of Asian data center development. Stonepeak's Andrew Thomas joined PDG's board as part of the deal (per Bloomberg, 2025).

Where does the sustainable-financing commitment show up in PDG's operations?

PDG raised a $95M green loan for its Singapore data center in 2024 and reports offsetting 62% of its carbon footprint through renewable energy procurement that same year. Every greenfield data center has achieved ISO 45001 certification, and the firm publicly commits to net-zero Scope 1 and 2 emissions by 2030.

Does PDG operate like a developer who exits assets, or a long-term holder?

The shareholder registry and board composition point to long-duration capital. With direct board seats held by Warburg Pincus, Ontario Teachers', and Stonepeak, PDG appears structured to build and operate rather than flip assets to third-party buyers. No asset sales have been publicly disclosed.

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