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India-based AI cloud startup Neysa plans to raise up to $600M in equity led by Blackstone, plus $600M in debt, to deploy 20K+ GPUs in India for AI training

A group of investors led by Blackstone Inc. plans to make an equity investment of up to $600 million in India's artificial intelligence cloud startup Neysa.

Bloomberg Baiju Kalesh

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Discussion

  • @madhavchanchani Madhav Chanchani on x
    Looks like the largest funding round in an AI-related startup in India is here. Neysa is raising $1.2 bn (up to $600 mn in equity and $600 mn in debt) in a round led by Blackstone, with participation from Teachers Venture Growth and TVS Capital. The funding is likely to be in [im…
  • @aakrit Aakrit Vaish on x
    The country needs compute. @sharad_sanghi is going to bring it.