US EditionAI firm Neysa to raise $1.2 billion from Blackstone, others in debt-equity mix
Blackstone's investment will fund Neysa's deployment of over 20,000 GPUs to support AI development for enterprises and government clients amid rising demand, the firm said.
- Blackstone, a U.S. private equity firm, agreed to lead up to $600 million of primary equity into Neysa, which plans to raise about $600 million in debt, creating a roughly $1.2 billion package.
- Regulated industries in India are seeking local compute, driven by government demand and global supply pressures, prompting investment in domestic AI infrastructure, Neysa said.
- The startup currently operates about 1,200 GPUs and targets more than 20,000 deployments as demand grows; Blackstone estimates India has fewer than 60,000 GPUs, scaling nearly 30 times in coming years.
- The bulk of the capital will fund large-scale GPU clusters and R&D, positioning Neysa to advance AI infrastructure in India and aim to more than triple revenue next year.
- The deal highlights competition with hyperscalers and a push for sovereign compute, as Blackstone builds on its global AI infrastructure investments including QTS, AirTrunk, CoreWeave and Firmus.
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15 Articles
Blackstone Backs Neysa in USD 1.2 Bn AI Infrastructure Funding
The investment includes equity capital of up to USD 600 million from Blackstone and participating investors, with Neysa planning to secure an additional USD 600 million in debt financing, subject to documentation.
Times of India
The Economic TimesBlackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuation
Blackstone is leading a $1.2 billion investment in Neysa, marking what would be India's largest-ever funding round in the AI space. The round is split evenly between primary equity and debt, giving Blackstone a majority stake.
Blackstone Commits Up to $1.2 Billion to Neysa as India Accelerates Pushes to Build Domestic AI Infrastructure
Upon completion, Blackstone will hold a majority stake in Neysa, reflecting not just financial backing but strategic confidence in the company’s leadership and vision. In a defining moment for India’s burgeoning technology landscape, global private equity powerhouse Blackstone has pledged up to $1.2 billion in capital to support the rapid scaling of Neysa, a Mumbai-headquartered AI infrastructure specialist. This commitment comes at a time when …
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