Blackstone-Backed Neysa Secures USD 1.2 Billion to Scale India’s AI Infrastructure Platform

USD 600 Million Equity Commitment Unlocks USD 1.2 Billion Capital Raise​

Private equity funds affiliated with Blackstone and co-investors have entered into definitive agreements to invest in Neysa, enabling a USD 1.2 billion capital raise aimed at building what the company describes as India’s leading AI infrastructure platform.

Blackstone and co-investors have committed equity capital of up to USD 600 million. Based on this equity infusion, Neysa plans to secure an additional USD 600 million in debt financing, subject to documentation, according to the company.

The funding is expected to accelerate the deployment of more than 20,000 GPUs across India, significantly strengthening the country’s artificial intelligence infrastructure capacity.

Neysa’s AI Acceleration Cloud Platform​

Founded in 2023, Neysa operates as a fast-growing AI acceleration cloud platform delivering mission-critical solutions to enterprises and government entities.

The company designs and develops AI systems that are deployed and operated within India. Its focus is on providing purpose-built, cost-effective GPU-based infrastructure that enables enterprises and institutions to train, fine-tune, and deploy AI workloads at scale.

Neysa’s client base spans financial services, technology, healthcare, and public services, reflecting growing cross-sector adoption of AI-driven capabilities.

Investment Syndicate and Strategic Backing​

In addition to Blackstone-affiliated funds, other equity investors participating in the transaction include Teachers' Venture Growth, TVS Capital, 360 ONE Assets, and Nexus Venture Partners.

The company did not disclose individual investment allocations by each entity.

Amit Dixit, Head of Asia Private Equity at Blackstone, said the investment aligns with the firm’s longstanding focus on building businesses that support India’s development. He added that the transaction reinforces Blackstone’s strategy of backing foundational infrastructure and enabling technologies in the global AI ecosystem, including in India.

Ganesh Mani, Senior Managing Director in Blackstone Private Equity, described digital infrastructure as one of the firm’s highest conviction global investment themes. He said the investment positions Neysa to play a significant role in advancing AI infrastructure in India and supporting enterprises and public institutions as AI adoption accelerates.

Aligning With India’s AI Ambitions​

Sharad Sanghi, Co-founder and Chief Executive Officer of Neysa, said India’s AI ambitions require production-grade infrastructure built and operated at scale.

He stated that Neysa is focused on delivering the execution layer of sovereign compute, AI research enablement, and adoption aligned with the goals of the IndiaAI Mission. The company aims to provide performance certainty and data assurance, enabling enterprises, hyperscalers, and global AI laboratories to deploy and scale reliable AI infrastructure within India.

Sanghi added that Blackstone’s experience in scaling critical infrastructure will help position India as a globally relevant AI compute destination. He noted that the investment coincides with the AI Impact Summit, reflecting growing global engagement with India’s AI compute ecosystem.

Blackstone’s Global AI Infrastructure Footprint​

Blackstone, with USD 1.3 trillion in assets under management across real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds, is a significant global investor in AI-related infrastructure.

Its key investments in the AI infrastructure space include QTS, AirTrunk, CoreWeave, and Firmus.

Through its investment in Neysa, Blackstone expands its presence in India’s AI compute landscape, supporting the build-out of large-scale GPU infrastructure to meet rising enterprise and institutional demand.