Blackstone Leads $1.2 Billion Investment in Neysa for India AI Infrastructure

Neysa, an Indian AI infrastructure platform, has secured a $1.2 billion capital raise, with private equity funds affiliated with Blackstone Inc. and co-investors committing up to $600 million in equity. The co-investors include Teachers Venture Growth, TVS Capital Funds, 360 ONE, and Nexus Venture Partners. Neysa plans to secure an additional $600 million in debt financing. This funding will enable Neysa to deploy over 20,000 GPUs across India, significantly strengthening the country's AI infrastructure capabilities. Founded in 2023, Neysa provides GPU-based AI infrastructure for enterprises and government entities, serving sectors like financial services, technology, healthcare, and public services. The investment aligns with India's 'India AI Mission' and aims to establish India as a globally relevant AI compute destination. Sharad Sanghi, Neysa's co-founder and CEO, highlighted the company's focus on delivering sovereign compute and AI research enablement. Amit Dixit and Ganesh Mani of Blackstone Inc. emphasized the firm's commitment to backing essential AI infrastructure globally and in India. The announcement coincides with the India AI Impact Summit, further underscoring the growing global engagement with India's AI compute landscape.