Blackstone leads $1.2 billion funding round in AI platform Neysa ahead of India AI Impact Summit 2026

Blackstone and partners invest $1.2 billion in Neysa, supporting its AI/cloud platform and plans to deploy 20,000 GPUs in India, ahead of the India-AI Impact Summit 2026. By Gareema Bangad Global private equity giant Blackstone and co-investors have committed to a $1.2 billion capital raise for Neysa, a Mumbai-based artificial intelligence acceleration and cloud platform, as India pushes to build domestic AI infrastructure. Under definitive agreements announced on February 16, Blackstone, the world’s largest alternative asset manager, and its partners will provide up to $600 million in equity capital, with Neysa intending to secure an additional $600 million in debt financing, subject to documentation. The investment is expected to significantly boost Neysa, as it scales operations and deploys AI compute infrastructure across sectors, including enterprise, government and public services. Plans include the deployment of over 20,000 GPUs in India, a key element of the company’s expansion strategy. Read more: India-AI Impact Summit 2026: The complete guide for delegates and participants Neysa’s co-founder and chief executive officer, Sharad Sanghi, said the move will help support India’s broader AI ambitions. “Neysa is focused on delivering the execution layer of sovereign compute, and AI research enablement and adoption in alignment with the goals of IndiaAI Mission,” he said in the release. He added, “We seek to provide performance certainty and data assurance, enabling enterprises, hyperscalers, and global AI labs to deploy and scale reliable AI infrastructure in India.” Blackstone’s leadership also expressed confidence in the opportunity. Amit Dixit, Head of Asia Private Equity at Blackstone, said the investment underscores the firm’s long-term commitment to backing key infrastructure that supports India’s growth. “Over the past two decades, we have been committed to building businesses that build India, and this investment brings that to life,” he said. Also read: OpenAI hires OpenClaw creator Peter Steinberger; agent to continue under foundation Ganesh Mani, Senior Managing Director at Blackstone Private Equity, added that digital infrastructure remains one of the firm’s highest conviction themes. "This investment positions Neysa to play a meaningful role in advancing AI infrastructure in India and enables businesses and public institutions to deploy AI technologies more effectively as AI adoption accelerates." Other equity investors in the transaction include Teachers’ Venture Growth, TVS Capital, 360 ONE Assets and Nexus Ventures. Advisory roles were filled by DC Advisory for Neysa and KPMG for Blackstone, with legal advice provided by Trilegal and Gibson & Dunn for Blackstone and Talwar Thakore & Associates for Neysa. The announcement comes ahead of the India-AI Impact Summit 2026 to be held in Delhi from February 16 to 20, bringing together political leaders, global technology executives, policymakers and researchers to shape international cooperation on artificial intelligence. Sanghi said, "This investment is especially meaningful as it coincides with the AI Impact Summit, reflecting growing global engagement with India’s AI compute landscape.”