Blackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuation
By
Binu Mathew
US alternative asset manager Blackstone is leading a $1.2 billion (about ₹10,867 crore) investment in cloud infrastructure startup Neysa in what would be the largest-ever funding round in India’s AI space.
The fundraise would be split equally between a primary equity round and debt, Blackstone and Neysa said in a joint-statement.
People familiar with the transaction said Neysa secured an enterprise valuation of $1.4 billion.
