- Published on December 15, 2024
- In Global Tech
What’s the Moat of Neysa in the World of Yotta?
Sovereign AI is just one moat for Neysa, but the same is for others in India.
Image by Nalini Nirad
- By Mohit Pandey
It is not easy to build an AI startup in India. While the time is ripe now, getting the funds to build a product for the global market or even a customised solution for the Indian market is extremely difficult. Especially if one is working on the hardware and infrastructure layer, the issue gets maximised. Contrastingly, this is not something that Neysa faced.
Founded by Sharad Sanghi and Anindya Das, Neysa, a Mumbai-based AI acceleration cloud system provider, bagged $20 million in seed funding in April 2024. Cut to October, the team raised Series-A of $30 million, led by NTTVC, Z47, and Nexus Venture Partners.
Investors value the expertise that comes with an experienced founder, and Sanghi exemplified this with his leadership. Neysa is his second venture in the computing spac
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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