CCI Approves Neysa Networks Share Acquisition by Investor Consortium

CCI approved acquisition of controlling stake in Neysa Networks by Blackstone affiliates and investor consortium.
Other investors include 360 ONE Private Equity, TVS Shriram Growth Fund, Nexus Ventures, and Anchorage Capital.
Neysa Networks is an AI-focused cloud services provider for enterprises and public sector organizations.
The transaction involves multiple private equity funds and individual investor Mr. Sharad Sanghi.