Blackstone finalises structured investment deal in AI cloud startup Neysa
US alternative asset manager Blackstone has inked a structured investment deal with Neysa that could pave the way for a majority stake in the Mumbai-based cloud infrastructure startup, said people familiar with the matter.
The transaction entails Blackstone investing $50–75 million in the first tranche for a significant stake, with terms that allow it to raise its holding to a controlling position on Neysa meeting certain agreed business milestones, the people said on condition of anonymity.
