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Blackstone-led group invests $600m in Indian AI cloud Neysa
A Blackstone-led group, including Teachers’ Venture Growth, TVS Capital, 360 ONE, and Nexus, is investing $600 million in Indian AI cloud startup Neysa Networks. Neysa is also seeking an additional $600 million in debt financing, bringing the total capital commitment to $1.2 billion. The funds will be used to acquire and deploy over 20,000 GPUs in India, furthering the company’s goal of building production-grade AI infrastructure within the country.