SUMMARY
- Neysa raised $30M in Series A funding to expand R&D and launch its GenAI cloud service.
- The company is building global partnerships with system integrators, cloud providers, and AI software vendors.
- The firm serves diverse industries like the public sector, media, service providers, and AI-first digital firms.
Neysa, an AI cloud firm, has raised $30 million (about ₹252 crore) in a Series A fundraising round led by its current backers, NTTVC, Z47, and Nexus Venture Partners.
With the new funding, the business intends to expand its research and development, build out its AI infrastructure, and be ready to launch its integrated GenAI accelerated cloud service.
Sharad Sanghi, Co-founder and chief executive at Neysa states, “This investment brings us closer to our vision of democratizing access to GenAI and AI solutions for organizations across the world.”
According to a company statement, Neysa is also encouraging partnerships with international system integrators, cloud service providers, and AI-powered software vendors.
The Sharad Sanghi, Anindya Das, and BV Jagdeesh-led AI cloud firm Neysa offer a variety of GenAI platforms and services to help customers manage their AI initiatives. These products guarantee security in cloud and edge environments.
The 2023-founded startup states that it has orders from paying clients in several industries, including the public sector, media and entertainment firms, service providers, software suppliers, AI-first digital natives, and service providers.
The business has an authorized share capital of ₹3.00 crore and a total paid-up capital of ₹81.25 lakh.
