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'Our strategy is to serve India & address global AI workloads'

Financial Express Delhi

|

February 21, 2026

Neysa has secured $1.2 billion in financing, led by Blackstone and other investors, to develop sovereign Al infrastructure in India.

- SHARAD SANGHI, CO-FOUNDER & CEO, NEYSA

The company aims to emerge as a homegrown alternative to global hyperscalers by delivering scalable, high-performance computing (HPC) capabilities to enterprises across the country. At the India Al Impact Summit, Sharad Sanghi, co-founder & CEO, spoke to Sudhir Chowdhary on how his Al infrastructure startup competes with hyperscalers that have deeper pockets and global scale. Excerpts:India is seeing a surge in AI announcements. How much of this is real infra build-out versus narrative-driven hype?

AI is very real, and there will be genuine infrastructure deployment. However, when large investment numbers are announced, the real test is how much actually gets deployed on the ground and how quickly that happens. If we go by past trends, some portion tends to be hype. That said, AI infrastructure, especially data centres and GPU compute capacity, will see significant deployment in India over the next few years.

Neysa positions itself as an AI-first cloud platform. What gap in India’s cloud ecosystem are you trying to fill?

MEER VERHALEN VAN Financial Express Delhi

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Industry in for a painful transition: HCLTech CEO

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