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India’s Neysa bags $30M to compete with global AI hyperscalers
India's Neysa has raised $30 million in a Series A round to bolster its AI infrastructure offering.
The South Asian nation is projected to have an AI market touching $17 billion by 2027, according to a joint report by the IT industry body Nasscom and consulting firm BCG. Neysa, an Indian startup led by seasoned tech entrepreneur Sharad Sanghi, aims to leverage this growth opportunity by offering its AI solutions to local and multinational businesses in the country. Neysa’s current customer base is in India, though Sanghi said the startup does plan to enter global markets with its next round of funding — talks for which have already started, and it is expected to close in the next six to nine months.
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