Neysa aims to more than triple its revenue next year and envisions expanding beyond India in the future.

Neysa currently operates about 1,200 GPUs and plans to deploy more than 20,000 GPUs over time, with capacity expansion potentially accelerating in the next nine to twelve months depending on negotiations.

Blackstone reiterates that India’s GPU footprint is under 60,000 today and could exceed two million as government demand, regulated industries, and local AI development expand.

A Indian AI infrastructure startup, Neysa, has secured up to $1.2 billion in financing from Blackstone and co-investors to scale local GPU capacity as India builds domestic AI capabilities.

In addition to equity, Neysa plans to raise up to $600 million in debt financing to support its expansion.

Blackstone executives project that India now has fewer than 60,000 GPUs and expect this count to grow to over 2 million in the coming years, driven by regulatory requirements in sectors like financial services and healthcare that require local data processing.

The majority of the new capital will fund large-scale GPU clusters including compute, networking, and storage, with portion allocated to Neysa’s R&D and software platforms for orchestration, observability, and security.