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- Neysa
Neysa Valuation, Funding & Investors
Neysa is valued at $1.4B as of February 2026.
Last Neysa valuation
$1.4B
Undisclosed stage · Feb 2026
Last Neysa funding round
$600M
Undisclosed stage · Feb 2026
Cumulative funding Neysa raised
$650M
across 3 funding rounds
Key investors in Neysa
Nexus Venture Partners
Z47
NTT Venture Capital
Blackstone
360 ONE Asset
TVS Capital Funds
About Neysa
Neysa is a Mumbai-based AI acceleration cloud platform, founded by Sharad Sanghi and Anindya Das, that provides GPU-based cloud and AI infrastructure for Indian enterprises and government entities. The platform lets customers train, customize, and deploy AI workloads, serving clients in financial services, healthcare, manufacturing, media, public services, and technology startups across India and the wider Asia-Pacific region.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.4B (Feb 2026)
Neysa Valuation
Neysa is currently valued at $1.4B, based on its undisclosed-stage round in February 2026.
The $600M round was led by Blackstone, with participation from 360 ONE Asset, Teachers’ Venture Growth, TVS Capital Funds and Nexus Venture Partners.
Neysa's valuation has grown 11x from $128M at its Series A in October 2024 to $1.4B in February 2026, across 2 priced rounds.
Neysa valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2026 | Undisclosed stage | $1.4B |
| Oct 2024 | Series A | $128M |
Neysa Funding History
Neysa has raised a total of $650M across 3 funding rounds.
Neysa's first fundraising round was a $20M seed round in April 2024. The most recent completed round was a $600M undisclosed-stage round in February 2026.
Neysa funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2026 | Undisclosed stage | Blackstone (lead); 360 ONE Asset; Teachers’ Venture Growth; TVS Capital Funds; Nexus Venture Partners | $600M | $1.4B | Neysa is a Mumbai-based artificial intelligence acceleration cloud platform providing GPU-led cloud and AI infrastructure solutions to Indian enterprises and government entities. Founded in 2023 by Sharad Sanghi and Anindya Das, the company enables customers to train, customize, and deploy AI workloads, serving clients across financial services, healthcare, manufacturing, media, public services, and technology-led startups. In February 2026, Neysa secured a $1.2 billion capital raise split equally between $600 million in primary equity and $600 million in planned debt financing, resulting in an enterprise valuation of $1.4 billion. Blackstone led the equity round with co-investment from Teachers' Venture Growth, TVS Capital, 360 ONE Asset Management, and existing backer Nexus Venture Partners, with Blackstone obtaining a majority stake. This funding represents India's largest-ever AI startup funding round and marks Neysa's transition to unicorn status, a dramatic valuation increase from approximately $128 million at its Series A. The capital will primarily fund the deployment of over 20,000 GPUs across India to expand AI inferencing capacity and accelerate the country's AI infrastructure development. CEO Sanghi indicated the company aims to more than triple revenue in the following year as AI adoption accelerates, with ambitions to expand internationally. The company employs 110 people across offices in Mumbai, Bengaluru, and Chennai, and has raised $50 million total in funding prior to this round from investors including Z47, Nexus Venture Partners, and NTT Venture Capital. |
| Oct 2024 | Series A | NTT Venture Capital (lead); Menlo Park Capital; Sharad Sanghi; Rajesh Kumar Dugar; Karan Kirpalani; Z47; Nexus Venture Partners | $30M | $128M | Neysa is an AI acceleration cloud platform founded in 2023 by Sharad Sanghi (former Netmagic CEO) and Anindya Das, headquartered in Mumbai/Bangalore, India. It provides GPU-accelerated cloud infrastructure, high-performance computing, and services like Neysa Velocis (launched July 2024) for enterprises to build, train, and deploy AI applications, targeting Indian and APAC markets in sectors including banking, manufacturing, media, research institutes, startups, and public sector. The platform operates on an IaaS model with revenue from GPU usage, managed services, and enterprise contracts, competing against global hyperscalers by addressing India's AI infrastructure gap through cost-effective, purpose-built solutions and strategic hyperscaler partnerships. On October 21-22, 2024, Neysa raised $30 million in an all-equity Series A round co-led by existing investors NTT Venture Capital (NTTVC), Z47 (formerly Matrix Partners India), and Nexus Venture Partners, with participation from Anchorage Capital Partners and others. This follows a $20 million seed round earlier in 2024, bringing total funding to $50 million (with $44 million deployed to GPU infrastructure). Funds will expand GPU infrastructure capacity and data centers across India and APAC, enhance R&D, develop enterprise AI tools, scale the engineering team (from 55 employees), and launch an integrated generative AI acceleration cloud service. Neysa has secured paying customers (around 12 reported), runs six large proof-of-concepts, with 70% on private clusters and 30% on public cloud, showing traction since seed round. Post-Series A, Neysa plans global expansion with a next funding round (expected in 6-9 months, larger scale) and debt for GPU needs. A later $600 million investment from Blackstone and others was announced for GPU capacity expansion, indicating strong demand from enterprises, hyperscalers, frontier labs, and India's AI mission across five verticals. |
| Apr 2024 | Seed | Nexus Venture Partners (lead); NTT Venture Capital (lead); Z47 (lead) | $20M | - | Neysa is an AI-powered cloud and platform-as-a-service startup founded in 2022 by Sharad Sanghi (CEO) and Anindya Das (CTO), based in Mumbai. The company provides a generative AI platform and infrastructure services that help enterprises deploy and manage AI projects cost-effectively while maintaining control over data and intellectual property. Neysa offers GPU-as-a-Service infrastructure alongside a platform layer that integrates MLOps orchestration, inference endpoints, security tools, and an AI marketplace. In October 2024, Neysa raised $30 million in Series A funding led by Nexus Venture Partners with participation from NTTVC and Z47 (Matrix Partners India), following a $20 million seed round in April 2024 led by Matrix Partners India, Nexus Venture Partners, and NTTVC. The funding was designated for expanding infrastructure, strengthening research and development, and supporting sales and marketing initiatives. Subsequently, in February 2026, Neysa closed a $600 million equity funding round led by Blackstone at a $1.4 billion enterprise value, demonstrating significant valuation growth in the intervening period. |
Who has invested in Neysa?
11 investors have backed Neysa across its funding rounds, including Nexus Venture Partners, Z47, NTT Venture Capital, Blackstone, 360 ONE Asset and TVS Capital Funds.
Lead investors include Blackstone, NTT Venture Capital, Nexus Venture Partners and Z47.
Neysa Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Apr 2024 | ||
| 2 | Lead | Apr 2024 | ||
| 2 | Lead | Apr 2024 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Lead | Feb 2026 | ||
| -- | 1 | Participant | Oct 2024 | |
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Feb 2026 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialNeysa Competitors
Neysa competitors include listed companies like Fractal Analytics and Shenzhen Ysstech Info, and private ones like Twin Health, Anew Labs, HAI ROBOTICS and Placer.ai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.4B | - | ||
| Publicly listed | $344M | $50M | $1.3B | 3.4x | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.5B | - | ||
| Private | $100M | - | $1.5B | 15.0x | ||
| Publicly listed | $205M | $4M | $1.5B | - |
Neysa Public Comps
Neysa is still privately-owned, but its public comps include BigBear.ai, Fractal Analytics, Shenzhen Ysstech Info, ZoomInfo, Braiin, iFLYHealth, ODDITY Tech, Beijing Haitian Ruisheng, Beijing Deep Glint Tech and Intsig Information.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $128M | ($295M) | 8.3x | 7.6x | (3.6x) | (27.8x) | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $205M | $4M | 7.2x | - | 378.8x | - | |||
| $1.2B | $326M | 2.0x | 2.1x | 7.8x | 5.1x | |||
| $73M | ($15M) | 15.8x | 13.0x | (76.1x) | 89.6x | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
| $810M | $131M | 1.5x | 1.8x | 9.6x | 18.3x | |||
| $56M | $5M | 13.8x | 14.0x | 160.9x | - | |||
This data is available for Pro users. Sign up to see all Neysa competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Neysa
| When was Neysa founded? | Neysa was founded in 2023. |
| Where is Neysa headquartered? | Neysa is headquartered in India. |
| Is Neysa publicly listed? | No, Neysa is a private, VC-backed company. |
| What is Neysa's valuation? | Neysa was last valued at $1.4B in its undisclosed-stage round in February 2026. |
| How much funding has Neysa raised? | Neysa has raised $650M across 3 funding rounds. |
| What was Neysa's last funding round? | Neysa's last funding round was a $600M undisclosed-stage round in February 2026, led by Blackstone. |
| Who are Neysa's investors? | Neysa's investors include Nexus Venture Partners, NTT Venture Capital, Z47, Menlo Park Capital, Sharad Sanghi, Blackstone, Rajesh Kumar Dugar, Karan Kirpalani, 360 ONE Asset, Teachers’ Venture Growth and 1 other. |
| Which companies are comparable to Neysa? | Companies comparable to Neysa include Twin Health, Fractal Analytics, Anew Labs, HAI ROBOTICS, Placer.ai and Shenzhen Ysstech Info. |
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