US alternative asset manager Blackstone is leading a USD 600 million equity investment in AI cloud infrastructure startup Neysa, thereby valuing the company at approximately USD 1.4 billion. As a result, this transaction is shaping up to be one of the largest funding rounds in India’s artificial intelligence ecosystem to date.
Importantly, this equity infusion represents half of a planned USD 1.2 billion financing package. In addition, Neysa plans to raise another USD 600 million in debt funding, leveraging the strength of Blackstone’s equity commitment. According to a joint statement issued by Blackstone and the company, the combined financing will significantly bolster Neysa’s long-term growth strategy.
Moreover, Blackstone’s investment is expected to translate into a majority ownership stake in the Mumbai-headquartered startup. Alongside Blackstone, the equity round also attracted participation from prominent investors such as Teachers’ Venture Growth, TVS Capital Funds, 360 ONE Assets, and existing backer Nexus Venture Partners.
Founded in 2023 by Sharad Sanghi and Anindya Das, Neysa operates in the GPU-led cloud and AI infrastructure segment. Specifically, the company provides high-performance compute capacity and advanced software tools that help enterprises, startups, government bodies, and other organisations build, deploy, and scale artificial intelligence applications efficiently.
Furthermore, Neysa’s platform delivers mission-critical AI cloud services, supported by specialised capacity management and orchestration tools designed for large-scale AI model deployment. Consequently, the startup positions itself as a robust alternative to global hyperscaler clouds, particularly for workloads that require localised, scalable AI infrastructure.
Meanwhile, the company plans to deploy the fresh capital to expand GPU capacity, broaden the rollout of AI compute infrastructure, and accelerate product innovation. At the same time, Neysa intends to significantly scale its GPU installations, drawing strategic advantage from Blackstone’s global relationships, operational expertise, and ecosystem access.
Blackstone’s landmark investment not only propels Neysa into the unicorn club but also underscores a broader shift toward AI-first infrastructure development in India. With substantial capital, strategic backing, and accelerating demand, Neysa now stands well-positioned to play a defining role in shaping India’s AI cloud ecosystem at scale.
