TT&A, Trilegal, Gibson Dunn, AZB, SAM act on Neysa securing $1 billion+ funding from Blackstone

Neysa Networks Private Limited has entered into definitive agreements with private equity funds affiliated with Blackstone (collectively, “Blackstone”) and co-investors for a $1.2 billion capital raise.

Blackstone and co-investors TVS Capital, 360 ONE Assets, and Nexus Venture Partners have currently provided equity capital of up to $600 million, on the basis of which Neysa intends to secure an additional $600 million of debt financing.

TT&A advised Neysa on this transaction.

The transaction team consisted of Gautam Saha (Managing Partner), Punita Gupta (Partner), Shambhavi Singh (Senior Associate), Associates Sangita Sharma and Sajjan Singh.

The Firm also advised Nexus Venture Partners on this transaction.

Trilegal advised Blackstone on this transaction.

The transaction team was led by Amit Khansaheb (Partner) and Rahul Chugh (Partner), with support from Siddhant Maheshwari (Senior Associate), Kriti Chatrath (Senior Associate), Anshul Semwal (Senior Associate), and Associates Navya Bhayana and Samridhi Poddar.

Nishant Parikh (Partner) and Arjun Ghose (Partner) provided strategic inputs on the transaction.

The Competition Team advising on the matter was led by Gauri Chhabra (Partner), with support from Eesha Sheth (Senior Associate), Ujwala Adikey (Senior Associate), and Associates Anjana Ravikumar, Shreya Chaudhary, and Shobhit Shukla.

The Labour and Employment Team advising on the matter was led by Parvathy Tharamel (Partner), with support from Associates Koshy Mathen, Shreya Sharma, and Sandhya Varadharajan.

The Technology, Media and Telecommunications Team advising on the matter was led by Jyotsna Jayaram (Partner), with support from Thomas J. Vallianeth (Counsel), Sanah Javed (Senior Associate) and Associates Joseph Padikkala and Divya Govindan.

Gibson Dunn served as the international legal counsel to Blackstone.

The transaction team consisted of Nigel Gleeson (Partner), Jon Bowden (Partner), Gwenlynne Lee (Of Counsel) and Amanda Ng (Associate).

AZB & Partners advised co-investor TVS Capital on this transaction.

The transaction team consisted of Vasudha Asher (Partner), Shreshth Bhartia (Senior Associate), Tanay Chopra (Senior Associate), Ria Doshi (Associate), with support from Associates Nishita Agrawal and Rikhil Haldar.

Competition law aspects were handled by Bharat V Budholia (Senior Partner), along with Associates Anmol Awasthi and Arth Doshi.

Senior Partner Vaidhyanadhan Iyer provided additional guidance.

Shardul Amarchand Mangaldas & Co acted for the existing investors – Z47 and NTTVC on this transaction.

The transaction team consisted of Manish Gupta (Partner), Ashish Ahluwalia (Partner), Rashi Singh (Principal Associate), Shivangi Kumari (Senior Associate) and Adarsh Mishra (Associate).

Founded in 2023, Neysa designs and develops AI systems that are deployed and operated within India. The Company provides purpose‑built and cost-effective GPU‑based AI infrastructure that enables enterprises and institutions to train, fine‑tune, and deploy AI workloads. Its customers span across industries, including financial services, technology, healthcare, and public services.

This funding provides a material impetus to Neysa’s planned scale-up and deployment of over 20,000 GPUs in India, helping to enable the country’s AI revolution.

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