AI infrastructure company Neysa is preparing for a potential initial public offering (IPO) as early as the end of 2027 while planning to expand its computing capacity and explore building its own data centres. Cofounder and Chief Executive Officer Sharad Sanghi outlined the company’s plans in an interview with The Economic Times on October 15, 2026.
Mumbai-based Neysa provides computing infrastructure and software that businesses can use to develop and run artificial intelligence models and applications. Founded in 2023 by Sanghi and former senior Netmagic executive Anindya Das, the company offers dedicated hardware, a cloud platform and access to AI models through software interfaces.
Neysa currently has 12,500 live graphics processing units (GPUs) and expects to increase that number to more than 20,000 before March 2027. The company is considering additional capacity based on Nvidia and AMD technologies, although the planned chip orders were still under consideration at the time of the interview.
“We are looking at a cluster of 9,216 Vera Rubin GPUs and a similar-sized cluster for Helios. We are also looking at ordering another 8,000 Blackwell GPUs this year,” Sanghi said.
The company is also planning to introduce Nvidia’s Vera Rubin and AMD’s Helios systems in 2027. Neysa currently offers Blackwell systems and intends to continue introducing newer computing platforms.
Sanghi said demand was coming from Indian customers as well as international companies looking to use India as a computing base. Banking and financial services companies are leading enterprise demand, while customers also include businesses in manufacturing, retail and healthcare, along with researchers, startups and software vendors.
Neysa is exploring the development of its own data centres to support its expanding computing business. However, the company expects to continue renting space in the near term while it evaluates land and works through the requirements for developing its facilities. Sanghi said building a data centre could take around 24 months from land acquisition to construction, and the process could take longer depending on environmental clearances and other approvals.
The company is also preparing for a possible IPO. Sanghi said Neysa had sold capacity on more than 12,000 GPUs to end customers but did not disclose a revenue figure. He said a listing could take place as early as the end of 2027 if plans progress as expected.
In February 2026, Blackstone and Neysa announced a $1.2 billion financing plan, split equally between primary equity and debt. The Economic Times had reported that the transaction valued Neysa at $1.4 billion. Sanghi said Blackstone would gain majority ownership after completing its entire planned $600 million investment, but had not yet reached that threshold.
Neysa is also considering international expansion, with Malaysia currently appearing more likely than Japan because of constraints around power availability and data-centre development timelines in Japan.
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