Neysa Networks Private Limited
| Neysa Logo | |
| Private | |
| ISIN | 🆔 |
| Industry | Artificial Intelligence |
| Founded 📆 | 2023 |
| Founder 👔 | Sharad Sanghi |
| Headquarters 🏙️ | Mumbai, India |
Number of locations | 3 |
Area served 🗺️ | Worldwide |
| Products 📟 |
|
| Members | |
Number of employees | 91 |
| 🌐 Website | neysa |
| 📇 Address | |
| 📞 telephone | |
Neysa Networks Private Limited is an Indian information technology company headquartered in Mumbai, India[1]. It provides cloud infrastructure and computing services for artificial intelligence[2] and high-performance workloads. The company was founded in 2023 by technology entrepreneur Sharad Sanghi[3], former founder and CEO of Netmagic Solutions[4], and Anindya Das Sanghi[5].
History
Neysa Networks was founded in 2023 following Sharad Sanghi’s departure from Netmagic Solutions, an Indian data center and managed hosting company acquired by NTT Communications in 2012.[6][7][8][9]
The company positions itself as an AI-focused cloud infrastructure provider addressing enterprise demand for computing resources in India.[10][11][12]
Funding
In February 2024, Neysa Networks raised USD 20 million[13] in seed funding from Matrix Partners India and Nexus Venture Partners.[14][15][16]
In October 2024, the company announced a USD 30 million Series A[17] round co-led by NTTVC, Z47, and Nexus Venture Partners to expand AI adoption and infrastructure availability.[18][19][20]
Recognition
The company has been mentioned in media coverage discussing India’s growing artificial intelligence ecosystem and cloud infrastructure initiatives.[21][22][23][24]
See also
- NTT Docomo Business
References
- ↑ 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.
- ↑ 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.
- ↑ 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.
- ↑ 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. Unknown parameter
|url-status=ignored (help) - ↑ "Japan's NTT to fully acquire Netmagic". The Hindu Business Line. March 2016.
- ↑ "NTT Communications to acquire majority stake in Netmagic". NTT Communications. January 2012.
- ↑ "Japan's NTT to fully acquire Netmagic". BusinessLine. 2016-04-15. 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.
- ↑ "Sharad Sanghi ventures into Gen AI with Neysa, secures $20 million seed funding". Business Line. February 2024. Retrieved 2025-06-12.
- ↑ Kulkarni, Dhruva (2024-11-14). "Small Companies Driving GPU Access in India". Equitypandit. 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. Unknown parameter
|url-status=ignored (help) - ↑ "AI startup Neysa raises USD 20 million from Matrix, Nexus". Entrepreneur India. February 2024.
- ↑ "AI Cloud and PaaS start-up Neysa secures $20 million in seed funding". Outlook Business. February 2024.
- ↑ "Former Netmagic CEO's new venture secures biggest seed round in over a year". VCCircle. 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.
- ↑ "India's Neysa bags $30M to compete with global AI hyperscalers". TechCrunch. October 2024.
- ↑ "AI startup Neysa raises $30 mn in Series A from NTTVC, Z47, Nexus Venture Partners". Moneycontrol. October 2024.
- ↑ "AI startup Neysa raises $30M to fuel GenAI adoption". The Economic Times. October 2024.
- ↑ "Explained: Why India's tech veterans are leaving corporate giants to launch AI startups". Outlook Business. March 2024.
- ↑ "AI startup Neysa joins IndiaAI Mission expansion". Business Standard. September 2025.
- ↑ "Meet the 30 Indian AI Leaders on the Forbes India & Accel Power List". Forbes India. Retrieved 2025-06-12.
- ↑ "Meet the 30 Indian AI Leaders on the Forbes India & Accel Power List". Forbes India. Retrieved 2025-06-12.
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