CCI approves $1.2 billion investment in Mumbai based Neysa Networks
NewsBytes | May 20, 2026 11:39 PM CST
Neysa becomes unicorn, plans 20,000 GPUs
With this fresh capital, Neysa's valuation has crossed $1 billion, officially making it a unicorn. The company plans to use the funds to roll out over 20,000 GPUs nationwide, aiming to make advanced AI tools more accessible for startups, enterprises, and public organizations across India.
Also worth noting: CCI greenlit another deal involving Cube Highways Trust picking up four highway assets, showing the regulator is keeping a close eye on big moves in the business world.
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