India-based AI infrastructure startup Neysa hassecured up to $600 million in primary equity investment led by US privateequity firm Blackstone, as the company ramps up domestic computing capacity,TechCrunch said on Monday.
The investment comes as India accelerates efforts todevelop homegrown AI capabilities, with demand for local compute infrastructurerising sharply. Blackstone estimates that India currently operates fewer than60,000 GPUs but expects that figure to increase nearly 30-fold to more than twomillion in the coming years, driven by government demand, regulated industries,and AI developers seeking lower latency and data localization.
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