Generative AI startup Neysa has secured $30 million in its Series A funding round, co-led by NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This funding milestone follows Neysa’s $20 million seed round in April, positioning it as one of the few startups to close two rounds within six months.
With this fresh capital infusion, Neysa aims to expand its AI infrastructure, enhance research and development, and gear up for the official launch of its Gen AI acceleration cloud service. The company plans to leverage the funding to strengthen collaborations with global system integrators, cloud providers, and AI-focused software companies.
Founded by Sharad Sanghi and Anindya Das, Neysa specializes in guiding clients through the discovery, planning, deployment, and management of generative AI projects. The startup focuses on a consumption-based model that enables cost-efficient scaling while ensuring security across cloud and edge environments.
Neysa recently launched its flagship platform, Neysa Velocis, in July, which provides on-demand access to high-performance computing infrastructure. The platform has already attracted AI, media, software, and public services customers.
The generative AI space in India is growing rapidly, with Nasscom-BCG projecting the country’s AI market to reach $17-22 billion by 2027, expanding at a compound annual growth rate (CAGR) of 25-35%. Neysa’s latest round positions it as the top-funded early-stage startup in this competitive space, joining other rising names like Sarvam AI, Ema, Vodex, and Dubpro.ai. With Neysa’s robust platform and strategic partnerships, the company can lead the next wave of generative AI innovation.
