Neysa, a cloud infrastructure startup founded by Sharad Sanghi and Anindya Das, has revealed plans to launch an initial public offering in the coming years. The company, which specializes in providing compute power and software tools for AI applications to a wide range of clients, recently closed a $1.2 billion financing round led by Blackstone, valuing the firm at $1.4 billion.
Neysa’s neocloud platform has been in high demand, especially as leading global AI companies like OpenAI and Anthropic expand their presence in India. Sanghi highlighted the increasing need for liquid-cooled data centers to support AI workloads, signaling a shift towards AI-centric computing.
Operating in the GPU-driven cloud and AI infrastructure sector, Neysa caters to various industries such as banking, healthcare, manufacturing, and media, in addition to serving startups and digital businesses. Sanghi, who previously founded Netmagic, a prominent data center services firm, emphasized the importance of providing an exit strategy for investors and employees through strategic partnerships.
Source: Tech-Economic Times