Blackstone leads funding of over $1 billion to Neysa

Neysa today announced that private equity funds affiliated with Blackstone and co-investors have entered into definitive agreements to invest in Neysa, enabling a $1.2 billion capital raise. Blackstone and co-investors have provided equity capital of up to $600 million, on the basis of which Neysa intends to secure an additional $600 million of debt financing, subject to documentation. Neysa is a fast-growing Artificial Intelligence acceleration cloud platform in India delivering mission critical solutions to enterprises and government entities. Blackstone will partner with Neysa’s Co-Founder and Chief Executive Officer, Sharad Sanghi, to accelerate the Company’s growth. This funding provides a material impetus to Neysa’s planned scale-up and deployment of over 20,000 GPUs in India, helping to enable the country’s AI revolution.

Founded in 2023, Neysa designs and develops AI systems that are deployed and operated within India. The Company provides purpose‑built ...