Blackstone and SoftBank Eye Stake in Indian Cloud Startup Neysa

As of November 13th, 2025, the global investment firms Blackstone Inc. and SoftBank Group Corp. are in preliminary talks to acquire stakes in Neysa Networks Pvt., an Indian cloud infrastructure startup founded earlier this year.

Blackstone is evaluating a majority holding in Neysa, while SoftBank is considering a minority stake, according to people familiar with the matter. The potential investments could value the startup at less than $300 million, though any investor would likely need to commit additional capital to fund Neysa's expansion plans.

Neysa was founded in 2023 by Sharad Sanghi and Anindya Das, and provides cloud-computing infrastructure to run artificial intelligence models on demand. The startup has already raised around $50 million from investors including Z47 (formerly known as Matrix Partners India) and Nexus Venture Partners.

The investment talks come as investors worldwide are pouring billions into data centers to support the rapid growth of AI services. This momentum continues even as some question whether the industry is overbuilding around a technology that has yet to yield consistent profits.

A SoftBank deal would mark the Japanese conglomerate's first new investment in India in more than three years. For Blackstone, a potential transaction would bolster its digital infrastructure portfolio in the country, where it has been expanding its real estate and infrastructure bets.