MUMBAI: Neysa, the Mumbai-based AI cloud startup founded by data centre veteran Sharad Sanghi, has entered a strategic partnership with telecom software provider Mavenir to offer a combined AI infrastructure stack to telecom operators, enterprises and so-called neocloud providers. The deal was announced in a joint release dated 22 September 2026 and posted on Neysa's official newsroom on 23 September.
Under the partnership, Mavenir's AI Integrated Platform, which handles model orchestration, AI agents, security policy and token-level metering, runs on top of Neysa's GPU infrastructure and AI cloud. The companies say this lets a customer run a sovereign AI platform on infrastructure it controls, without stitching the pieces together on its own.
What each side brings
Neysa supplies the AI cloud stack, GPU capacity and the deployment environment. Mavenir adds orchestration, policy control and metering, so that raw GPU capacity can be packaged into billable AI services. The companies describe the result as telco-grade and say it can be deployed on premises or across hybrid environments.
For neocloud providers, firms that rent out GPU capacity, the pitch is that they can sell governed AI services rather than bare compute. For mobile operators, the release says Neysa's cloud gives them another GPU-backed way to run Mavenir's platform, alongside running it on hardware they already own.
Xavier Kurian, Neysa's Chief Revenue Officer, said in the release that Mavenir, which serves operators in more than 120 countries, "selected Neysa to help develop and run its AI portfolio." He added that the combined offer gives enterprises "a governed, metered way to run AI on infrastructure they control, with cost visibility built in."
Bejoy Pankajakshan, Chief Technology and Strategy Officer at Mavenir, said enterprises and neocloud providers were "trying to solve the same problem from opposite ends: how to turn GPU investment into sovereign, monetizable AI services."
Who Neysa is
Neysa's about page says Sanghi built India's first internet data centre and scaled Netmagic into the country's largest data infrastructure provider before starting Neysa. Anindya Das is co-founder and CTO, and BV Jagdeesh is chairman. The company says it is backed by over $1 billion in funding from global investors, and its newsroom lists a $1.2 billion funding round led by Blackstone among its announcements.
Its main product is the Velocis AI Cloud, which bundles GPU-as-a-service on NVIDIA and AMD hardware, inference endpoints for open-source models, MLOps tools and a marketplace for AI apps. It also sells Aegis LLM Shield, a tool to enforce security policy on large language model endpoints. Earlier releases on the same newsroom cover a partnership with Pipeshift for real-time inference of open-source models deployed within India, and an insurance AI cloud built with Data Science Wizards.
Why does this matter for Indian readers? Banks, insurers and government bodies are under pressure to keep sensitive data inside the country, and many cannot send it to foreign public clouds. A partnership that packages GPU capacity with billing and policy controls makes it easier for Indian operators and enterprises to offer AI services locally. Whether it wins customers will depend on price and on how much GPU capacity Neysa can bring online.
We have tracked the same sovereign AI push in our reports on the IBM and Yotta sovereign agentic AI platform and Sarvam Vision 2.1 for 22 Indian languages. The government side of the story is in our note on the IndiaAI centre of excellence in Thiruvananthapuram.
The word neocloud needs a quick explanation. It refers to a newer kind of cloud company that mainly rents out GPU capacity for AI work, rather than offering the full range of services that large public clouds sell. Many such firms have bought expensive GPUs and now need software that turns that hardware into products customers can pay for by usage. That gap is exactly what the Neysa and Mavenir offer is aimed at, and it explains why token-level metering features so prominently in the release.
The release does not give financial terms, named operator customers or a launch date for joint offerings in India. Neysa lists hello@neysa.ai for press inquiries on its newsroom page. We will update this report if either company shares the first customer deployments.







