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Neysa
Indian technology startup From Wikipedia, the free encyclopedia
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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]
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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]
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History
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]
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Funding
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:
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Key people
- 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
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