Announced
Synopsis
The Blackstone Group, a global investment firm, agreed to invest $600m in Neysa, a fast-growing Artificial Intelligence acceleration cloud platform in India. "Over the past two decades, we have been committed to building businesses that build India, and this investment brings that to life. It reinforces Blackstone’s focus on backing the essential “picks and shovels” of AI globally, including in India, a key market for Blackstone. With our scale, deep expertise, and track record of building market-leading businesses, we believe we are well-positioned to support Neysa’s next phase of growth and the advancement of India’s AI transformation," Amit Dixit, Blackstone Head of Asia Private Equity.
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