Blackstone, SoftBank Said in Talks for Stakes in India’s Neysa

Blackstone Inc. and SoftBank Group Corp. are in early talks to buy stakes in Neysa Networks Pvt., an Indian cloud infrastructure startup, according to people familiar with the matter.

The US alternative asset manager is evaluating a majority holding, while SoftBank is considering a minority stake, the people said, asking not to be identified as the discussions are private. No final decisions have been made, and other investors could participate, they said.

Founded in 2023 by Sharad Sanghi and Anindya Das, Neysa provides cloud-computing infrastructure to run artificial intelligence models on demand. The startup has raised about $50 million ...