Ex-OYO Founders’ Nava Raises $22 Mn To Build AI Neocloud Platform

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AI infrastructure startup Nava has raised $22 million in a Series A funding round to expand its “neocloud” platform for businesses using artificial intelligence. The round was led by Greenoaks Capital, along with existing investors RTP Global and Unicorn India Ventures.

The company was founded by former OYO executive Abhinav Sinha, along with Vamshidhar Reddy and Abhijeet Singh. Earlier, Nava had raised $9.6 million in a seed round, taking its total funding to over $31 million.

Nava Builds AI Cloud Ecosystem

Nava is moving beyond just offering GPU cloud services. It is now building a complete AI infrastructure platform that combines data centres, GPU computing power, AI tools, and developer support in one place.

The platform allows companies to set their needs, like budget, compliance, and performance. After that, the system automatically manages where and how the AI workloads run—whether on cloud, on-premise systems, or edge networks. This makes it easier for businesses to build and run AI applications without dealing with complex infrastructure.

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Nava also provides services like GPU-as-a-service and bare-metal computing, helping companies scale their AI operations smoothly.

Focus on Asia-Pacific Growth

To expand globally, Nava has set up its regional headquarters in Singapore, while continuing its main operations in India. The new funding will be used to increase its GPU capacity, build AI-focused data centres, and hire skilled talent across India and Southeast Asia.

The company believes that the demand for AI infrastructure in the Asia-Pacific region will grow rapidly in the coming years. With data centre needs expected to rise sharply by 2030, Nava is aiming to build strong infrastructure early and capture this growing market.

With experienced founders and strong investor support, Nava is slowly becoming an important player in India’s AI startup space, with plans to compete on a global level.