Blackstone has taken control of AI Acceleration Cloud platform Neysa by acquiring a majority stake for over $1 billion, marking one of the most significant moves in India’s AI infrastructure sector. The investment gives Blackstone ownership influence over the Mumbai-based company, which specializes in GPU-powered cloud solutions for enterprises and government clients.
In April 2026, MosChip Technologies acquired Vayavya Labs for $29M, strengthening its semiconductor design automation capabilities. Vayavya Labs is an embedded software and semiconductor design automation specialist, enabling faster hardware–software integration for complex chip systems. The rationale for MosChip was to expand semiconductor design capabilities and accelerate time‑to‑market by integrating advanced co‑design automation tools, aligned with its strategy to strengthen India’s semiconductor ecosystem.
In May 2026, AVI Polymers acquired JVTR Consultants for $53M, marking a strategic diversification into high‑growth, technology‑driven sectors. JVTR Consultants is an emerging Indian technology and consulting company specializing in software development, digital platforms, and enterprise IT systems integration. The rationale for AVI Polymers was to establish a scalable foundation for its emerging digital platform operations and accelerate its expansion into tech‑enabled markets.
Also in May 2026, Raise Fintech Ventures acquired GreenLife Insurance Broking for $15M, expanding its fintech ecosystem into the consumer protection sector. GreenLife is an IRDAI‑registered digital insurance brokerage platform specializing in multi‑carrier retail distribution across life, health, and general insurance products. The rationale for Raise was to accelerate the launch of an integrated, tech‑driven insurance distribution platform, strengthening its position in financial services.