VC Fund Investments

AI SaaS cloud platform Neysa raises $20-M from Matrix Partners India, others

Economic Times  

Neysa , a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, has raised USD 20 million (about INR 166 crore) from Matrix Partners India, Nexus Venture Partners and NTTVC.Co-founded in 2023 by Sharad Sanghi (who earlier founded data center firm Netmagic) and Anindya Das, the company offers a suite of generative AI platforms and services to help clients manage their AI projects, ensuring security across cloud and edge environments.The company will use the new funds for expanding infrastructure required for strengthening its research and development team, and for sales and marketing.

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