Draft:Neysa
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Comment: Borderline promotional; possibly LLM-generated —pythoncoder (talk | contribs) 15:02, 7 September 2025 (UTC)
 | This is a draft article. It is a work in progress open to editing by anyone. Please ensure core content policies are met before publishing it as a live Wikipedia article. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL Last edited by Thilsebatti (talk | contribs) 10 days ago. (Update)
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| Company type | Private |
|---|---|
| Industry | Artificial Intelligence |
| Founded | 2023 |
| Founder | Sharad Sanghi |
| Headquarters | Mumbai, India |
Number of locations | 2 |
Area served | Worldwide |
| Products |
|
Number of employees | 60 |
| Website | neysa |
Neysa (also known as Neysa Networks) is an Indian technology startup that provides a cloud platform for AI acceleration and high-performance computing (HPC) infrastructure services for enterprises developing generative AI (GenAI) and other AI applications.[1] The company was founded in 2023 by Sharad Sanghi,[2] the former CEO of NTT India, and Anindya Das.[3]
Neysa's core offerings include managed GPU cloud[4] and MLOps services, autonomous network monitoring, and AI security solutions.[5] The company gained significant media attention after raising $20 million[6] in a seed funding round in February 2024, followed by a $30 million[7] round in October 2024, bringing its total funding to $50 million.[8]
History
[edit]Neysa was founded in late 2023 by Sharad Sanghi and Anindya Das. Sanghi is a notable figure in the Indian data center[9] and cloud industry, having founded Netmagic Solutions,[10] which was acquired by NTT[11] in 2012.[12] He subsequently served as the CEO for NTT's operations in India. Co-founder Anindya Das previously served as the Head of Research & Development at NTT.
The company was established to provide the specialised infrastructure and platforms required for the increasing enterprise adoption of AI.[13]
Funding
[edit]Neysa has raised a total of $50 million across two major funding rounds led by Matrix Partners India, Nexus Venture Partners, and NTTVC.[14] Following its October 2024 funding, the company was valued at approximately $130 million and was designated for strengthening its technology stack and expanding its infrastructure.
The details of the funding rounds are outlined below:
| Date | Funding Round | Amount (USD) | Lead Investor(s) | Other Investors |
|---|---|---|---|---|
| Feb 2024 | Seed | $20 Million[15] | Matrix Partners India, Nexus Venture Partners | NTTVC[16] |
| Oct 2024 | Venture | $30 Million[17] | NTTVC | Matrix Partners India, Nexus Venture Partners |
Key people
[edit]- Sharad Sanghi (Co-founder and CEO): An Indian entrepreneur known for founding Netmagic.[18]
- Anindya Das (Co-founder and CTO): Previously the Head of Research & Development at NTT.[19]
- B. V. Jagadeesh (Chairman): A Silicon Valley-based serial entrepreneur and investor.
References
[edit]- ^ Florentyna, Anne (2024-10-22). "Neysa Bags $30 Mn To Fuel Its GenAI Adoption". Inc42 Media. Retrieved 2025-06-12.
- ^ "Sharad Sanghi ventures into Gen AI with Neysa, secures $20 mn seed funding". Business Line. 2024-04-10. Retrieved 2025-06-12.
- ^ Singh, Jagmeet (2024-10-22). "India's Neysa bags $30M to compete with global AI hyperscalers". TechCrunch. Archived from the original on 2025-05-06. Retrieved 2025-06-12.
- ^ Kulkarni, Dhruva (2024-11-14). "Small Companies Driving GPU Access in India". Equitypandit. Retrieved 2025-06-12.
- ^ Ghosh, Debangana (22 October 2024). "Sharad Sanghi's AI startup Neysa raises $30 mn in Series A from NTTVC, Z47, Nexus Venture Partners". Money Control.
- ^ Pandey, Mohit (2024-12-15). "What's the Moat of Neysa in the World of Yotta? | AIM". Analytics India Magazine. Archived from the original on 2025-06-15. Retrieved 2025-06-12.
- ^ Rajan, Jessica (2024-10-22). "AI startup Neysa raises $30 million in funding round led by NTTVC, others". The Economic Times. ISSN 0013-0389. Retrieved 2025-06-12.
- ^ "Meet the 30 Indian AI Leaders on the Forbes India & Accel Power List". Forbes India. Retrieved 2025-06-12.
- ^ "Former Netmagic CEO's new venture secures biggest seed round in over a year". VCCircle. Retrieved 2025-06-12.
- ^ "Japan's NTT Communications buys 74% in Netmagic for Rs 900 crore". The Economic Times. 2012-01-26. ISSN 0013-0389. Retrieved 2025-06-12.
- ^ "Japan's NTT to fully acquire Netmagic". BusinessLine. 2016-04-15. Retrieved 2025-06-12.
- ^ "News January 25, 2012: NTT Com to Acquire 74% Stake in Netmagic Solutions, India's Leading Datacenter Service Provider | docomo business | NTT Communications About Us". www.ntt.com. Archived from the original on 2025-03-31. Retrieved 2025-06-12.
- ^ De, Rajneesh (2025-01-16). ""Neysa continues to bridge the AI infrastructure gap for businesses of all sizes in India.": Sharad Sanghi, Co-founder and CEO, Neysa". Retrieved 2025-06-12.
- ^ Gupta, Paromita (2024-04-10). "AI Startup Neysa Raises USD 20 Mn from Matrix, Nexus, and NTTVC". Entrepreneur. Archived from the original on 2025-06-24. Retrieved 2025-06-12.
- ^ "Neysa $20 Million funding round 2024-04-10". www.fundz.net. Retrieved 2025-06-12.
- ^ "NTTVC | Neysa". NTTVC. Retrieved 2025-06-12.
- ^ Dargan, James (2024-10-22). "Neysa Secures $30M Series A Funding Co-Led by NTTVC, Z47 & Nexus Venture Partners to Boost Gen AI Adoption". AI Insider. Retrieved 2025-06-12.
- ^ "Explained: Why India's Tech Veterans Are Leaving Corporate Giants to Launch AI Startups". Outlook Business. 2025-04-08. Archived from the original on 2025-06-25. Retrieved 2025-06-12.
- ^ "AI Cloud And PaaS Start-Up Neysa Secures $20 Million In Seed Funding". Outlook Business. 2024-04-10. Archived from the original on 2024-09-11. Retrieved 2025-06-12.