AI infra and cloud platform provider Neysa to raise $200-M from Blackstone, OTPP, others

Mumbai-based Neysa plans to raise USD 200 million led by Blackstone, with participation from Canada’s Ontario Teachers' Pension Plan (OTPP), TVS Capital, Nexus Venture Partners and 360 ONE Asset. This financing is part of a larger USD 1.2 Billion funding round, with Blackstone acting as the majority shareholder.Founded in 2023 by Sharad Sanghi and Anindya Das, Neysa designs and develops AI systems and provides GPU-based AI infrastructure for enterprises and institutions across sectors such as financial services, technology, healthcare, and public services.The company plans to use the new funds to scale its operations and deploy over 20,000 graphics processing units (GPUs) in India to meet the rising demand for AI-led services.