Neysa, a pioneering Generative AI cloud and platform-as-a-service startup, has successfully raised $20 million in seed funding from Matrix Partners India, Nexus Venture Partners, and NTTVC. This investment marks a significant milestone for the company as it gears up to revolutionize AI integration and observability in India and global markets.

Founded by Sharad Sanghi and Anindya Das (CTO), Neysa is poised to streamline the deployment and management of Generative AI projects for its clients. It offers cost-effective solutions that secure AI landscapes both in the cloud and at the edge. With an integrated approach and specialized solutions tailored to various industry verticals, Neysa aims to accelerate the adoption of Generative AI across enterprises worldwide.

The funding injection will fuel Neysa’s ambitious plans to launch its services in Q3 2024 and further innovate its end-to-end Generative AI PaaS ecosystem. CEO Sanghi expressed enthusiasm about leveraging this funding to drive innovation and deliver tangible outcomes for clients. At the same time, CTO Das emphasized Neysa’s vision of creating a future where AI integration is seamless and transformative.

This investment comes amid increasing interest among venture capitalists in generative AI platforms, mirroring the growing demand for AI-driven solutions. Recent funding rounds for startups like Sarvam AI, Ema, and Vodex underscore the burgeoning opportunities in this space. Notably, Neysa’s funding signifies investors’ confidence in its platform’s potential to disrupt the AI landscape and drive meaningful change in the industry.

In a landscape where artificial intelligence is reshaping technology and business paradigms, Neysa stands at the forefront, poised to redefine the future of AI integration and observability.