Blackstone Makes Structured Investment in India’s AI Cloud Startup Neysa

Blackstone enters India’s AI cloud infrastructure by signing a structured investment agreement with the startup company Neysa.

Blackstone, a leading global investment firm has signed a structured investment agreement with Neysa, a Mumbai-based AI cloud infrastructure startup, marking one of the most significant institutional investments on India's rapidly developing AI ecosystem. The purchase demonstrates significant worldwide investor confidence in GPU-powered cloud platforms and data center-backed AI companies, and it might eventually lead to Blackstone acquiring a controlling share in the company.

According to media sources, Blackstone's structured investment with Neysa has committed USD 50-75 million in the initial investment, with the option of acquiring a controlling stake if the company reaches preset business goals.

The purchase values Neysa at around USD 300 million and, more importantly, illustrates Blackstone's strategic expansion into AI-centric cloud and data center technologies, as demand for compute-intensive infrastructure continues to rise in India.

Unlike a traditional venture capital round, both the parties structured the investment around milestones. As a result, the framework aligns Blackstone's capital deployment with Neysa's growth roadmap and the inherently capital-intensive requirements of GPU-driven cloud services.

Neysa attracted a strong set of early investors, including Z47, Nexus Venture Partners, Blume Ventures, and NTT, and raised approximately $50 million prior to the Blackstone acquisition. The company's quick growth has established it as a prominent participant in India's AI infrastructure sector.

With India's data center sector likely to attract more than $50 billion in investment over the next few years, the transaction demonstrates how global capital is acting early to acquire exposure to AI-native infrastructure platforms. Blackstone's structured approach demonstrates a long-term perspective on the sector, as AI adoption fuels continued demand for scalable, GPU-rich cloud and data center facilities across the country.

Moreover, the structured investment is one of the largest capital commitments made to an Indian AI cloud company to date, indicating that global private equity companies are increasingly interested in India's technology infrastructure. In parallel, Blackstone has previously invested in Indian data center platforms and oversees nearly USD 50 billion in assets in the country, with plans to increase its exposure to technology and real estate assets.