Different traders taking part within the fundraise embody Lecturers’ Enterprise Development, TVS Capital Funds, 360 ONE Asset, and Nexus Enterprise Companions. The corporate didn’t disclose its valuation.

Based by serial entrepreneur Sharad Sanghi, the fundraise is among the many largest fairness infusions into an AI startup in India up to now. By comparability, Krutrim, which raised $50 million in its preliminary spherical in 2024, was valued at $1 billion.

Neysa is a fast-growing AI acceleration Cloud platform delivering mission-critical options to enterprises and authorities entities. The corporate has been shortlisted by the IndiaAI Mission as one in every of its permitted Cloud service suppliers.

In response to the corporate, the funding will help its deliberate scale-up and deployment of greater than 20,000 graphics processing items in India, strengthening the nation’s AI ecosystem.

“India’s AI ambition requires production-grade infrastructure constructed and operated at scale,” stated Sanghi, cofounder and chief govt officer of Neysa. “We’re targeted on delivering the execution layer of sovereign compute, AI analysis enablement, and adoption in alignment with the objectives of the IndiaAI Mission. We intention to supply efficiency certainty and information assurance, enabling enterprises, hyperscalers, and international AI labs to deploy and scale dependable AI infrastructure in India.”

Sanghi added that the funding coincides with the AI Influence Summit, reflecting rising international engagement with India’s AI compute panorama.

Neysa has raised $50 million earlier than this spherical. In 2024, it secured $20 million in seed funding led by Matrix Companions India, Nexus Enterprise Companions, and NTTVC. This was adopted by a $30 million Collection A spherical in October 2024.

Amit Dixit, head of Asia personal fairness at Blackstone, stated the funding strains up with the agency’s long-standing concentrate on India. “It reinforces Blackstone’s technique of backing the important ‘picks and shovels’ of AI globally, together with in India, a key marketplace for us,” he stated.

For Blackstone, the funding builds on its broader push into information centres, AI, and digitisation. The agency is the world’s largest proprietor of information centres, with a $130 billion portfolio, and owns and controls platforms comparable to QTS Information Facilities and AirTrunk.

The funding comes amid coverage help, with the Union Funds 2026–27 saying a tax vacation for information centres till 2047.