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Funding · AI & Deep Tech

Neysa Networks secures USD 1.2B capital raise with Blackstone-led investment

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Date
Company
Neysa Networks
What it does
AI cloud provider
Kind
Funding
Amount
USD 1.2 billion
Stage
growth
Based in
Mumbai
Sector
AI & Deep Tech

What they do

Neysa Networks is an AI cloud provider that enables enterprises, startups, and public sector organisations to discover, deploy, and scale AI workloads…

What happened

The company secured USD 1.2 billion in capital, including USD 600 million in equity from Blackstone and co-investors, with plans to raise an additional USD…

Why it matters

The funding round valued Neysa at USD 1 billion, making it a unicorn, and will support the deployment of over 20,000 GPUs in India to boost the country's AI…

The details

  • Neysa Networks, an AI cloud provider based in Mumbai, secured USD 1.2 billion in capital through a funding round led by Blackstone and co-investors.
  • The funding includes USD 600 million in equity from Blackstone and co-investors, with plans to raise an additional USD 600 million in debt financing.
  • The Competition Commission of India (CCI) approved the investment, clearing the acquisition of shares by Blackstone-backed PE funds and other investors.
  • The deal was announced in February 2026 after Neysa signed definitive agreements with Blackstone and co-investors.
  • The funding round valued Neysa at USD 1 billion, making it a unicorn, and will support the deployment of over 20,000 GPUs in India.

The bigger picture

  • The funding round is one of the largest for an AI-native startup in India, highlighting growing interest in AI infrastructure and GPU cloud services.
  • The approval by CCI ensures that the investment complies with India's fair competition laws and regulatory requirements.
  • The capital will be used to scale Neysa's AI cloud infrastructure, supporting the deployment of over 20,000 GPUs in India.

About the business

  • Neysa Networks provides AI cloud and infrastructure services to enterprises, startups, and public sector organisations.
  • The company focuses on enabling customers to train, customise, and deploy AI workloads at scale.
  • Neysa's services include GPU-led cloud infrastructure, which helps organisations run AI models efficiently and cost-effectively.
  • The company operates in sectors such as financial services, healthcare, public services, and technology startups.
  • Neysa plans to use the fresh capital to expand its AI cloud infrastructure network across India.

What happens next

  • Neysa plans to use the fresh capital to deploy more than 20,000 GPUs in India as it expands its AI cloud infrastructure network.
  • The company aims to scale its AI cloud services to support a wide range of industries, including financial services, healthcare, and public services.

The deal

Type
funding

Investors

  • Blackstone (lead) — The world's largest alternative asset manager with USD 1.3 trillion in assets under management.
  • Teachers' Venture Growth (investor)
  • TVS Capital (investor)
  • 360 ONE Assets (investor)
  • Nexus Ventures (investor)

Founders

  • Sharad Sanghi, founder and CEO
  • Anindya Das, co-founder

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