TT&A, Trilegal and Gibson Dunn & Crutcher advised parties on Blackstone’s USD1.2 billion investment in Neysa.
“The Blackstone-Neysa transaction is a landmark deal and a defining moment for 含羞草社区 AI ecosystem,” said Gautam Saha, a joint managing partner at TT&A.
“We are proud to represent Neysa and one of its investors in this transformative round. The founder, Sharad, has been a client for more than 15 years, and it is gratifying to have had the opportunity to assist him on such a strategic transaction.”
Neysa is an AI infrastructure platform in India. TT&A advised Neysa and Nexus Venture Partners. The TT&A team was led by partner Gautam Saha and partner Punita Gupta, with support from senior associate Shambhavi Singh and associates Sangita Sharma and Sajjan Singh.
The funding will support Neysa’s planned expansion, including the deployment of more than 20,000 graphic processing units across India.
The round is expected to be the largest fundraise by an AI-native startup in India and coincides with the AI Impact Summit this week.
Other equity investors in the transaction include TVS Capital, 360 ONE Assets and Nexus Venture Partners. DC Advisory acted as the lead financial adviser to Neysa.
Trilegal acted Indian legal counsel, while Gibson Dunn & Crutcher acted as international legal counsel to Blackstone.
