Neysa

Neysa (legally Neysa Networks Private Limited) is an Indian technology company headquartered in Mumbai that provides cloud infrastructure and computing services

Neysa Networks Private Limited
Company typePrivate
IndustryArtificial intelligence
Founded2023
FoundersSharad Sanghi, Anindya Das
HeadquartersMumbai, India
ProductsNeysa Velocis
Websiteneysa.ai

Neysa (legally Neysa Networks Private Limited) is an Indian technology company headquartered in Mumbai that provides cloud infrastructure and computing services designed for artificial intelligence (AI) and high-performance workloads.[1][2]

History

Neysa was founded in 2023 by Sharad Sanghi and Anindya Das.[3] Sanghi previously co-founded Netmagic Solutions, a data center company that was later acquired by NTT Communications.[4] Following the acquisition, he led NTT's Global Data Centers and Cloud Infrastructure India business before departing to establish Neysa.[5]

The company focuses on building cloud infrastructure designed for artificial intelligence workloads, including GPU-based computing platforms.[6]

Funding

In February 2024, Neysa raised approximately US$20 million in seed funding from Matrix Partners India and Nexus Venture Partners.[7]

In October 2024, the company raised US$30 million in a Series A funding round co-led by NTT Venture Capital, Z47, and Nexus Venture Partners.[1][8]

According to reports, Neysa later achieved unicorn status following a funding round led by Blackstone.[5][9][10]

Operations

Neysa develops cloud infrastructure platforms intended for artificial intelligence applications, including GPU-based compute services and AI deployment tools for enterprises.[1]

The company has been associated with initiatives related to India's artificial intelligence infrastructure ecosystem, including participation in programmes linked to the IndiaAI mission.[11]

Reports have also noted collaborations and agreements related to AI data infrastructure projects in India.[12]

Industry context

Neysa has been described as part of a group of emerging AI infrastructure startups in India focused on enabling enterprise adoption of artificial intelligence technologies.[13][3]

The company’s leadership has stated that its primary competition comes from global hyperscale cloud providers.[14]

See also

References

  1. 1.0 1.1 1.2 Singh, Jagmeet (22 October 2024). "India's Neysa bags $30M to compete with global AI hyperscalers". TechCrunch.[permanent dead link]
  2. Forbes Asia Team (August 25, 2025). "Forbes Asia 100 To Watch 2025". Forbes. Retrieved 6 May 2026.
  3. 3.0 3.1 "Anindya Das and Sharad Sanghi's Neysa: Democratising AI adoption for enterprises". Forbes India.
  4. "Sharad Sanghi ventures into Gen AI with Neysa". Business Line. 10 April 2024.
  5. 5.0 5.1 Balachandran, Manu (18 February 2026). "How Sharad Sanghi built Neysa into India's latest unicorn". Fortune India.
  6. "High demand for domestic AI infra, Neysa AI CEO says". The Hindu.
  7. "AI Cloud start-up Neysa secures $20 million in seed funding". Business Line. 2024.
  8. "AI cloud startup Neysa bags $30 million in Series A". Entrepreneur India.
  9. "Blackstone-backed Neysa will go public in next few years, says CEO". The Economic Times.
  10. "Blackstone Leads Funding of Over $1 Billion to Neysa to Work Towards Building India's Leading AI Infrastructure Platform". Blackstone. Retrieved 2026-05-06.
  11. "AI cloud startup Neysa joins IndiaAI mission expansion". Business Standard.
  12. "Telangana govt signs MoU with Neysa Networks". News on Air.
  13. "Here are India's biggest AI startups". TechCrunch. 30 June 2024.
  14. "Our main competitors are not Indian players but hyperscalers: Neysa CEO". Forbes India.

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