New Delhi: Blackstone and its partners are making a big investment in Neysa, an AI startup in India. They plan to raise a total of $1.2 billion, with Blackstone contributing $600 million in equity. The rest will be gathered through debt financing. This funding will support Neysa in deploying over 20,000 GPUs, important for enhancing India’s AI capabilities.
Neysa started in 2023 and has quickly positioned itself as a major player in AI infrastructure. They design systems to help businesses and government agencies build and deploy AI solutions. Their clients come from diverse sectors like finance, healthcare, and technology.
Amit Dixit, Head of Asia Private Equity at Blackstone, shared that the investment aligns with their mission to support foundational businesses in AI across the globe. He emphasized the role of Neysa in transforming India’s AI landscape.
Ganesh Mani, a Senior Managing Director at Blackstone, mentioned the company’s strong belief in digital infrastructure as a critical investment area. He praised Neysa’s leadership and expressed excitement about collaborating with them to advance AI in India.
Sharad Sanghi, co-founder and CEO of Neysa, stated that India’s goals in AI require robust infrastructure. He aims to ensure that companies can reliably deploy AI technologies.
This investment coincides with the AI Impact Summit, underscoring a growing interest in India’s AI sector. Historically, India has always been a rising player in tech, and this funding could further solidify its presence on the global stage.
Investments like this highlight a trend in the tech industry, with significant funds flowing into AI infrastructure. According to recent data, the global AI market is expected to reach $390 billion by 2025, illustrating the increasing importance of AI solutions across various industries.
For more insights on global investments in AI and technology trends, check these reports from trusted sources like McKinsey or Statista.
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BLACKSTONE INVEST NEYSA, BLACKSTONE INVESTMENT IN AI FIRM, NEYSA, BLACKSTONE, BLACKSTONE LEADS USD 600 MILLION INVESTMENT IN INDIAN AI FIRM NEYSA
