Introduction:

In today’s digital world, AI technology is revolutionizing the way businesses operate, from storefront operations all the way up to big business. India is also following the global trend of AI cloud to help the tech industry. Neysa is an Indian startup that’s creating the safest AI cloud infrastructure for the country. The company is helping to develop India’s tech independence and growth. 

The company was created to bridge the AI gap while developing trustworthy and secure AI applications for businesses. The startup aims to make AI accessible for all, including Indian companies that often face costly infrastructure and security threats. In this article, we will explore how Neysa helps businesses, its journey, and its impact on the country’s future.  

Founders’ early life and education

Sharad Sanghi and Anindya Das co-founded Neysa in 2023. They both come from an engineering or technical background, which enables them to use their tech expertise with Neysa’s vision. Sharad is the CEO of Neysa, a technology enthusiast born and raised in India. He completed his Bachelor’s degree in Electrical Engineering at IIT Bombay and his Master’s at Columbia University.

This sparked his interest in data infrastructure. His curiosity led to the founding of Netmagic, India’s first data center company. Anindya Das, with over 25 years of experience in cloud and networking, co-founded Netmagic. He was responsible for its technical growth. The startup was acquired by NTT in 2012. However, the combined skills of Sharad and Anindya became the backbone of Neysa’s vision and innovative approach.

The birth of Neysa

Neysa began its journey in 2023 when the founders found a gap in India’s AI space. They realized the lack of affordable and secure cloud platforms for AI tasks. They leveraged lessons from their past work with Netmagic and built a business to make AI simple for companies. The startup grew quickly and raised $20 million in a seed funding round from investors like Matrix Partners and Nexus Ventures. 

They raised a second round of $30 million in a Series A, led by NTTVC and others. Neysa is selling AI as a service, so companies won’t need to build systems from scratch. That has helped it stand apart from the crowd of similar companies in a competitive AI market.

Key offerings: Aegis and Overwatch

Neysa provides services to make AI safe, fast, and reliable. Its flagship products include Aegis and Overwatch, which work alongside their other platform, Velocis. These three works together to deliver secure and efficient AI solutions. Aegis is a security platform that works as a shield to protect AI systems. It uses encryption methods, threat detection, and compliance tools to meet India’s data privacy laws. 

While Aegis helps businesses to avoid risks through AI solutions, Overwatch monitors networks in real-time to prevent disruptions and optimize performance. This makes it ideal for heavy AI workloads, as it gives them better speed. Together, these tools make Neysa a leader in secure AI cloud services, ensuring speed and safety for businesses.

Overcoming Challenges 

Launching a startup focused on artificial intelligence is not an easy task, especially with competition from global cloud giants like AWS and Azure. Neysa also had to deal with various issues like high pricing, shortage of AI hardware, high costs, and data sovereignty rules. The startup addresses these by offering pay-as-you-go pricing, optimizing resources, and building local setups to ensure that data stays secure and follows rules. By partnering with suppliers, they got faster hardware access. Neysa turned obstacles into opportunities for growth.

How does it impact India’s ecosystem? 

Neysa is transforming India’s tech scene by filling AI gaps and making AI accessible to small & medium businesses. Neysa’s secure cloud services support local innovation while ensuring that the data remains inside the country. This also creates more employment opportunities in India. The company also offers AI solutions to other industries, including healthcare, finance, and agriculture. Many sectors benefit from these cost-effective AI solutions, driving efficiency and innovation. Neysa is helping India to become a leader in AI while boosting the country’s digital landscape.

Recent developments

Neysa is continuously expanding its network. In January this year, it focused on bridging AI gaps for businesses. The company also partnered with NTT and a state government for a billion-dollar massive AI data center project. Neysa launched new tools to accelerate secure AI adoption, earning recognition for democratizing AI. This helped Neysa to strengthen its position in India’s AI market.

The future and road ahead:

The company is growing rapidly, and it plans to scale its infrastructure while investing in new AI tools. The startup also aims to increase its capacity to handle more demand and prioritize eco-friendly practices. Neysa will be exploring global markets while being rooted in India. The startup’s goal is to create a world where every Indian business can use secure AI to scale and expand globally.

Conclusion:

Neysa is redefining India’s AI future with its secure AI cloud by combining new ideas with safety. The innovative approach makes AI accessible and transformative for various Indian businesses. It is making AI a simple and secure approach to India’s bright tech future. The article mentioned how Neysa’s journey from idea to the most secure AI cloud in the country. We also went through the challenges it faced and its impact on the Indian AI landscape. 

FAQs: 

What is Neysa’s primary goal as a startup? 

Neysa aims to provide secure and affordable AI cloud services for Indian businesses.

Who founded Neysa and when? 

Sharad Sanghi and Anindya Das founded Neysa in 2023.

What is the function of Neysa Aegis? 

Aegis protects AI systems with encryption and threat detection features.

How does Overwatch benefit users? 

Overwatch monitors networks in real time to improve performance and spot issues early.

What key challenges has Neysa faced? 

Challenges include hardware shortages, high costs, and data privacy regulations.

In what ways does Neysa support India’s AI growth? 

It helps small businesses access AI, promotes local data control, and creates tech jobs.

How much funding has Neysa raised so far? 

Neysa has secured $20 million in seed and $30 million in Series A funding.

Does Neysa rival big global cloud services? 

Yes, it offers a local, AI-focused alternative to international providers.

What are Neysa’s expansion plans? 

Plans include scaling infrastructure, advancing R&D, and exploring edge AI.

How can companies begin using Neysa’s services? 

Companies can check Neysa’s website for sign-ups and details on their platforms.