Neysa is an AI infrastructure company founded in 2023 by Sharad Sanghi, the veteran who previously built Netmagic into one of India's largest data-center operators. Neysa's thesis is that India needs sovereign, locally hosted AI compute so enterprises and government bodies can train and run models without depending entirely on foreign hyperscalers. The company operates GPU-based cloud infrastructure with an AI-optimized software layer for the full model lifecycle.
The platform delivers GPU-as-a-service alongside managed MLOps capabilities, letting teams provision accelerated compute, fine-tune foundation models, and deploy inference workloads. Neysa packages networking, orchestration, and tooling so customers can focus on models rather than infrastructure plumbing. Its target customers include large Indian enterprises, AI-native startups, research institutions, and public-sector clients aligned with national AI initiatives.
Neysa moved quickly on capital and capacity. After a seed round, it raised a $30 million Series A in October 2024 co-led by NTTVC, Z47, and Nexus Venture Partners. In February 2026 it announced a landmark financing of over $1 billion led by Blackstone, combining primary equity with debt to fund a massive GPU buildout, with co-investors including Nexus Venture Partners and others. The company has stated plans to scale from roughly a thousand GPUs live to deployments of more than 20,000 GPUs over time.
Neysa's edge comes from its founder's deep data-center pedigree, its sovereign-compute positioning amid India's AI-infrastructure push, and the financial firepower to build at scale. The flip side is that GPU cloud is a capital-intensive, competitive market where utilization economics and supply chains determine returns.
For Indian enterprises and AI builders seeking locally hosted, high-performance compute, Neysa is emerging as a flagship national champion in AI infrastructure.
