Blackstone, SoftBank Eye Stakes in Indian Cloud Startup Neysa

Blackstone and SoftBank Group are in early talks to invest in Neysa Networks, an Indian company that builds cloud infrastructure for artificial intelligence use. As per the Bloomberg, Blackstone may take a majority stake, while SoftBank is considering a smaller share and the discussions are ongoing, and other investors could also be involved later.

Company Details

Neysa Networks was founded in 2023 by Sharad Sanghi and Anindya Das. The company provides cloud-computing systems that help businesses run AI models and manage computing workloads. Neysa has raised around $50 million so far from investors including Z47 (formerly Matrix Partners India) and Nexus Venture Partners.

The talks could value Neysa at less than $300 million, according to the news reports. Any new investor is expected to provide additional capital to support the company’s expansion. Blackstone, SoftBank, and Neysa did not comment on the ongoing discussions.

Industry Developments

Global investors are putting money into data and cloud infrastructure in India to meet rising demand for AI computing. Several large projects have been announced in recent months. In 2023, Brookfield Infrastructure Partners and Digital Realty partnered with Reliance Industries to develop data centers. Google and Adani Enterprises also said they plan to invest about $15 billion in Indian data centre projects.

Blackstone and SoftBank’s Roles

Blackstone has been expanding its investments in India’s digital and physical infrastructure. It already backs Lumina CloudInfra and AirTrunk, an Australian data center firm planning to set up operations in India. For SoftBank, the deal would mark its first new investment in India in more than three years, after a period of limited activity in the local market.

Read More: Blackstone and Kedaara Capital Submit Bids to Acquire 20% Stake in Axis Finance!

Conclusion

The talks show continued investor interest in India’s growing data infrastructure sector. If completed, the deal would add Neysa to the list of emerging companies drawing global capital into the country’s expanding AI ecosystem.

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