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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...
'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...
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...
Indian tech startups' funding declines 18% to $11.7 billion in FY26: TracxnIndian tech startups raised USD 11.7 billion in FY 2025-26, an 18% drop from the previous year. Despite this, early-stage funding saw a 33%...
ETtech Deals Digest: Startups raise $1.2 billion in February so far; up 2x on-yearThe number of deals during the month, however, was down at 128, compared to 170 in the corresponding month last year. In January 2026, star...
ETtech Deals Digest: Startups raise $725 million this week, up 5X on-yearThe number of deals during the week, however, was down at 32 transactions, compared to 42 in the corresponding week last year.
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...
Blackstone, SoftBank in talks for stakes in India cloud startup NeysaBlackstone and SoftBank are in early discussions to buy stakes in Indian cloud startup Neysa Networks, which provides cloud infrastructure....
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...
ETtech Deals Digest: Startups raise $184.8 million this week, up 47.8% YoYThe funds were raised by startups across seed, early and late-stage rounds through 13 deals, compared to 31 deals in the same week last yea...
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...