Blackstone to lead $600m deal with Indian AI cloud firm Neysa
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Blackstone to lead $600m deal with Indian AI cloud firm Neysa

privateequitywire
4 months ago
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Blackstone is set to lead an equity investment of up to $600m in Indian artificial intelligence cloud start-up Neysa, according to a report by Bloomberg, as the firm steps up its exposure to AI-driven digital infrastructure.
Alongside the equity raise, Neysa plans to secure $600m in debt financing alongside the equity raise, with the combined capital earmarked to deploy more than 20,000 graphics processing units across India to support AI training and high-performance computing applications. The...

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