Mumbai: Neysa, a company providing AI acceleration cloud systems, has raised $30 million in Series A funding led by NTTVC, Z47, and Nexus Venture Partners. The funds will be used to expand its AI infrastructure and boost research and development.
Launched in July 2024, Neysa’s platform, Velocis, is gaining customers from industries like media, digital services, and the public sector. With AI demand in India expected to hit $22 billion by 2027, Neysa aims to meet the growing need for scalable AI solutions.
CEO Sharad Sanghi highlighted the company’s goal of making AI infrastructure more accessible to businesses. The new funding will also help Neysa build partnerships with global tech firms and AI software providers to support its growth.
This investment comes after Neysa’s successful $20 million seed round earlier this year, reflecting strong investor confidence in the company’s future.