Versuchen GOLD - Frei
Blackstone to invest $1.2 bn in AI cloud startup Neysa
Financial Express Pune
|February 16, 2026
DEAL TO COMPRISE $600 MILLION IN EQUITY
BLACKSTONE-AFFILIATED PRIVATE equity funds and coinvestors have entered into definitive agreements to invest $1.2 billion in Neysa, an artificial intelligence (AI) cloud platform founded by Netmagic's Sharad Sanghi.This could be one of the largest private capital commitments in the country's AI infrastructure sector.
The deal is structured as $600 million in equity—led by Blackstone with participation from Teachers'Venture Growth, TVS Capital, 360 ONE Assets, and Nexus Venture Partners— and an additional $600 million in debt financing that Neysa intends to secure on the back of the equity commitment, subject to documentation, the firm said.
The capital is expected to fund the deployment of over 20,000 graphics processing units (GPUs) across India.
Diese Geschichte stammt aus der February 16, 2026-Ausgabe von Financial Express Pune.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Pune
Financial Express Pune
How agents deliver value
TODAY, AI IS way more than just an incredibly efficient tool of automation.
2 mins
March 05, 2026
Financial Express Pune
Acer maker Acerpure aims to double India revenue
ACERPURE, THE APPLIANCES and consumer products arm of Taiwanese PC maker Acer, plans to double its revenue in India this year, as the company sharpens its diversification strategy beyond personal computers in a market where core segment growth remains muted.
1 min
March 05, 2026
Financial Express Pune
A fee must not become a tax
SECURITIES MARKETS CODE HAS ADDRESSED A DOCTRINAL DISPUTE, BUT DEEPER INSTITUTIONAL ISSUE PERSISTS
4 mins
March 05, 2026
Financial Express Pune
RBI creates intervention space amid rupee pressure
THE RESERVE BANK of India has carved out more flexibility to defend the rupee, as rising geopolitical tensions and a spike in energy prices pushed the currency to a record low on Wednesday.
1 min
March 05, 2026
Financial Express Pune
Govt revamps training guidelines for ITIs
THE GOVERNMENT HAS revamped the training guidelines for the Industrial Training Institutes (ITIs) with a mandatory provision to provide 150 hours of on-the-job training (OJT) to trainees enrolled in the vocational programmes.
1 min
March 05, 2026
Financial Express Pune
New farm-sector scheme gives thrust to 100 laggard districts
DDKY with an annual outlay of ₹24,000 crore for six years, is currently implemented through convergence of 36 existing central and state schemes
2 mins
March 05, 2026
Financial Express Pune
Tighter project finance rules squeeze real estate lenders
THE PROJECT FINANCING guidelines of the Reserve Bank of India (RBI) for real estate, which became applicable from October 1, have made life difficult for lenders, including NBFCs, banks, housing finance companies and other RBI-regulated entities.
1 min
March 05, 2026
Financial Express Pune
Imarticus Learning lines up ₹1,000-cr IPO in FY27
AS MUMBAI-BASED professional education and skilling startup Imarticus Learning prepares to launch a %1,000 crore IPO in FY27, it will be focusing on areas like scaling outcome-driven career programmes across emerging job roles and expanding enterprise learning partnerships, particularly in Al, cybersecurity, and digital transformation.
2 mins
March 05, 2026
Financial Express Pune
Centre on course to meet revised tax target for FY26
REQUIRED RATE OF GROSS TAX REVENUE GROWTH IN FEB-MAR JUST 3%
2 mins
March 05, 2026
Financial Express Pune
AI revenues of $10-12 bn within reach of IT firms
Analysts say achieving the target hinges on net-new spending and clearer definitions
2 mins
March 05, 2026
Listen
Translate
Change font size