Blackstone backs Neysa in up to $1.2B financing as India pushes to build domestic AI infrastructure
TechCrunch • • business
Key Points:
- Indian AI infrastructure startup Neysa has secured up to $600 million in primary equity investment from U.S. private equity firm Blackstone and co-investors, with Blackstone acquiring a majority stake.
- Neysa plans to raise an additional $600 million in debt financing to significantly expand its GPU capacity, growing from 1,200 GPUs currently to over 20,000 in the near future.
- The investment aligns with India's growing demand for localized AI compute capacity driven by government, regulated enterprises, and AI developers seeking customized, low-latency infrastructure.
- Neysa positions itself as a "neo-cloud" provider offering dedicated GPU infrastructure with hands-on support and faster deployment compared to traditional hyperscalers.
- Blackstone’s
