

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 Partners Amit Khansaheb and Rahul Chugh.
Gibson Dunn served as the international legal counsel to Blackstone.
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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