Blackstone finalises structured investment deal in AI cloud startup Neysa
US firm Blackstone has finalised a structured investment in Mumbai-based Al cloud startup Neysa, initially putting in $50-75 million. The deal allows Blackstone to increase its stake to a controlling position if certain business milestones are met. Neysa was last valued at $120-130 million, and has raised $50 million in funding across two rounds till now.