Private equity funds affiliated with Blackstone Inc. and co-investors have entered into definitive agreements to invest in Neysa, a fast-growing AI acceleration cloud platform in India. The transaction involves an equity capital infusion of up to $600 million from Blackstone and co-investors, enabling Neysa to raise an additional $600 million in debt financing, for a total capital raise of $1.2 billion. This funding will support Neysa’s scale-up and deployment of over 20,000 GPUs in India, with Blackstone becoming a significant minority shareholder and partnering with Neysa’s Co-Founder and CEO, Sharad Sanghi, to accelerate the company’s growth. Other equity investors include Teachers' Venture Growth, TVS Capital, 360 ONE Assets, and Nexus Ventures.

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