TLDR:
- Sharad Sanghi launches Gen AI startup Neysa and secures $20 million in seed funding
- Neysa plans to offer low-code solutions for enterprise Gen AI and venture into cybersecurity
Sharad Sanghi, known for investing in India’s data center sector, has now ventured into Gen AI with his new startup Neysa. Securing $20 million in seed funding from Matrix Partners India, Nexus Venture Partners, and NTTVC, Neysa aims to transform enterprise Gen AI by offering low-code solutions and future cybersecurity ventures. Sanghi, joined by Anindya Das as CTO, plans to leverage his expertise in running data center networks to drive Neysa’s future business. The startup, already drawing interest for future funding rounds, anticipates raising $100 million in the next round. The capital infusion will be used to expand infrastructure and accelerate research and development initiatives to deliver tangible outcomes for client businesses. Neysa’s mission is to democratize AI, making integration seamless and fundamentally changing technology interactions.
