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Neysa raised $20 million in a funding round led by Matrix Partners India, Nexus Venture Partners and NTTVC to expand infrastructure and strengthen research and development team for its AI cloud platform.

Apr 10, 2024•over 1 year ago

Amount Raised

$20 Million

MumbaiMachine LearningArtificial Intelligence

Investors

NttvcNexus Venture PartnersMatrix Partners India

Description

Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, has raised $20 million in a funding round led by Matrix Partners India, Nexus Venture Partners, and NTTVC. The funds will be used for expanding infrastructure required for strengthening its research and development team, and for sales and marketing.

Company Information

Company

Neysa

Location

Mumbai, Maharashtra, India

About

Neysa is committed to unleashing the power of AI for the enterprise. We provide Gen-AI platforms & services that allow our clients to efficiently harness the potential of AI/ML for their business users and end-clients.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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