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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- 'With 50% of India’s capacity, Mumbai is the country’s data centre capital'Sanghi spoke with ET ahead of the Tech Entrepreneurs Association of Mumbai’s (TEAM) two-day event starting Friday. Others joining the discu...
- From financial services to healthcare, enterprises driving AI adoption in India are all in Mumbai: TEAMOn the eve of Mumbai Tech Week, Sharad Sanghi of Neysa AI, Aakrit Vaish of Activate, and Naiyya Saggi of EDT spoke with ETtech editor Samid...
- Neysa and Pipeshift team up for AI inference play in IndiaBengaluru's Neysa and AI startup Pipeshift are joining forces. They aim to meet India's growing need for AI inference services. This partne...
- CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
- Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- Blackstone-backed Neysa will go public in next few years, says CEO Sharad SanghiSingh was speaking at the ET AI Conclave in Bengaluru. The cloud infrastructure startup, which offers compute power and software tools to b...
- Blackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuationBlackstone is leading a $1.2 billion investment in Neysa, marking what would be India's largest-ever funding round in the AI space. The rou...
- Blackstone’s big AI bet; India’s nano GCC splitHappy Monday! Investment major Blackstone has struck a deal to take a controlling stake in AI infra startup Neysa. Details of the transacti...
- Blackstone finalises structured investment deal in AI cloud startup NeysaUS firm Blackstone has finalised a structured investment in Mumbai-based AI cloud startup Neysa, initially putting in $50–75 million. The d...
- VC Lightspeed joins race for stake in cloud infra startup NeysaVenture capital firm Lightspeed is in talks to acquire a minority stake in cloud infrastructure startup Neysa, joining SoftBank and Blackst...
- GPU firms step up their tech stackWith computing costs falling and GPU access improving, some Indian players are pivoting their strategy to double down on software offerings...
- Small companies play a big role in facilitating GPU access in IndiaSmall companies in India are advancing GPU accessibility, vital for AI and cloud computing. Mumbai-based Neysa Velocis scales AI projects w...
- AI startup Neysa raises $30 million in funding round led by NTTVC, othersThe company's founder Sharad Sanghi, said the funds will be used for scaling up infrastructure and fuel research and development to democra...
- ETtech Deals Digest: startup funding plummets 67% on year to $73 million this weekDuring this week, deal density went down to about $4.5 million per deal, as per Tracxn data. During April 6 to April 12, 2023, startups had...
- AI SaaS cloud startup Neysa bags $20 million from Matrix, Nexus, othersNeysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, will utilise the fresh capital for expanding in...
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