Neysa, an Indian AI infrastructure startup, has secured up to $1.2 billion in financing, including a $600 million primary equity investment led by Blackstone, to expand its GPU capacity. This funding aims to meet the surging demand for AI computing in India as the country focuses on building homegrown AI capabilities. Neysa will use the capital to deploy large-scale GPU clusters and enhance its software platforms, with ambitions to significantly increase revenue and potentially expand beyond India.
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Blackstone backs Neysa in up to $1.2B financing as India pushes to build domestic AI infrastructure
Neysa, an Indian AI infrastructure startup, has secured up to $1.2 billion in financing, including a $600 million primary equity investment led by Blackstone, to expand its GPU capacity. This funding aims to meet the surging demand for AI computing in India as the country focuses on building homegrown AI capabilities. Neysa will use the capital to deploy large-scale GPU clusters and enhance its software platforms, with ambitions to significantly increase revenue and potentially expand beyond India.