Blackstone backs Neysa with $1.2B as India scales AI infrastructure to meet surging demand
Blackstone leads a $1.2 billion investment in Neysa, India's AI infrastructure startup, securing a majority stake as the country pushes to expand GPU capacity. The Mumbai-based company plans to scale from 1,200 to over 20,000 GPUs, targeting enterprises and government clients. India currently has fewer than 60,000 GPUs deployed but expects to reach over 2 million in coming years.