Competition Commission of India press release · 20 May 2026 · pibtracker filter

CCI approves the acquisition of certain shareholding in Neysa Networks Pvt Ltd by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors

PRID2263411 MinistryCompetition Commission of India Released20 May 2026 Reading9 min

Posted On: 20 MAY 2026 7:42PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Neysa Networks Private Limited by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors. The proposed combination entails the following: Blackstone Inc., acting through its affiliates BCP Asia II Topco V Pte. Ltd. and Asia II Topco XIV Pte. Ltd (collectively, Blackstone or the Lead Investors ), is proposing to acquire a controlling stake in Neysa Networks Private Limited ( Neysa ) and Alongside Blackstone, the following investors will also be acquiring certain stake(s) in Neysa: 360 ONE Private Equity Fund, TVS Shriram Growth Fund 4 ( TSGF ), Nexus Ventures VII Holdings, LLC ( Nexus ); Anchorage Capital Scheme III. Mr. Sharad Sanghi, Founder & CEO of Neysa; and 1001502130 Ontario Limited ( Co-Investor ). [(a) and (b) are collectively referred to as Proposed Combination ] Blackstone Inc., is a global alternative asset manager, headquartered in the United States and has offices in a number of geographies, including Europe and Asia. The 360 Fund is formed in India as an irrevocable, determinate, nondiscretionary, contributory trust set up under the Indian Trusts Act, 1882 and registered in India under the provisions of the Registration Act, 1908. TSGF is a close ended fund organized as a scheme under TVS Shriram Growth AIF Trust II registered with the SEBI as an AIF, under the AIF Regulations. Nexus and affiliated funds have a principal focus of investing in “early to early growth stage” companies in India and in the United States of America. Anchorage Scheme III is a scheme by Anchorage Capital Fund, a Category II AIF registered with the SEBI under the AIF Regulations. Mr. Sharad Sanghi is the founder, CEO and existing shareholder of Neysa. The Co-Investor is a subsidiary of Ontario Teachers’ Pension Plan Board, and is concerned with the administration of pension benefits and investment of pension plan assets of ~340,000 active and retired teachers in the Canadian province of Ontario. Neysa is an AI focused cloud services provider that enables enterprises, startups, and public sector organisations to discover, deploy, and scale AI workloads securely and cost-effectively. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2263411) Visitor Counter : 249 Read this release in: Urdu , हिन्दी , Tamil Competition Commission of India CCI approves the acquisition of certain shareholding in Neysa Networks Pvt Ltd by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors Posted On: 20 MAY 2026 7:42PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Neysa Networks Private Limited by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors. The proposed combination entails the following: Blackstone Inc., acting through its affiliates BCP Asia II Topco V Pte. Ltd. and Asia II Topco XIV Pte. Ltd (collectively, Blackstone or the Lead Investors ), is proposing to acquire a controlling stake in Neysa Networks Private Limited ( Neysa ) and Alongside Blackstone, the following investors will also be acquiring certain stake(s) in Neysa: 360 ONE Private Equity Fund, TVS Shriram Growth Fund 4 ( TSGF ), Nexus Ventures VII Holdings, LLC ( Nexus ); Anchorage Capital Scheme III. Mr. Sharad Sanghi, Founder & CEO of Neysa; and 1001502130 Ontario Limited ( Co-Investor ). [(a) and (b) are collectively referred to as Proposed Combination ] Blackstone Inc., is a global alternative asset manager, headquartered in the United States and has offices in a number of geographies, including Europe and Asia. The 360 Fund is formed in India as an irrevocable, determinate, nondiscretionary, contributory trust set up under the Indian Trusts Act, 1882 and registered in India under the provisions of the Registration Act, 1908. TSGF is a close ended fund organized as a scheme under TVS Shriram Growth AIF Trust II registered with the SEBI as an AIF, under the AIF Regulations. Nexus and affiliated funds have a principal focus of investing in “early to early growth stage” companies in India and in the United States of America. Anchorage Scheme III is a scheme by Anchorage Capital Fund, a Category II AIF registered with the SEBI under the AIF Regulations. Mr. Sharad Sanghi is the founder, CEO and existing shareholder of Neysa. The Co-Investor is a subsidiary of Ontario Teachers’ Pension Plan Board, and is concerned with the administration of pension benefits and investment of pension plan assets of ~340,000 active and retired teachers in the Canadian province of Ontario. Neysa is an AI focused cloud services provider that enables enterprises, startups, and public sector organisations to discover, deploy, and scale AI workloads securely and cost-effectively. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2263411) The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Neysa Networks Private Limited by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors. The proposed combination entails the following: <li style="text-align: justify;">Blackstone Inc., acting through its affiliates BCP Asia II Topco V Pte. Ltd. and Asia II Topco XIV Pte. Ltd (collectively, Blackstone or the Lead Investors), is proposing to acquire a controlling stake in Neysa Networks Private Limited (Neysa) and</li> <li style="text-align: justify;">Alongside Blackstone, the following investors will also be acquiring certain stake(s) in Neysa:</li> <li style="text-align: justify;">360 ONE Private Equity Fund,</li> <li style="text-align: justify;">TVS Shriram Growth Fund 4 (TSGF),</li> <li style="text-align: justify;">Nexus Ventures VII Holdings, LLC (Nexus);</li> <li style="text-align: justify;">Anchorage Capital Scheme III.</li> <li style="text-align: justify;">Mr. Sharad Sanghi, Founder & CEO of Neysa; and</li> <li style="text-align: justify;">1001502130 Ontario Limited (Co-Investor).</li>  [(a) and (b) are collectively referred to as Proposed Combination] Blackstone Inc., is a global alternative asset manager, headquartered in the United States and has offices in a number of geographies, including Europe and Asia. The 360 Fund is formed in India as an irrevocable, determinate, nondiscretionary, contributory trust set up under the Indian Trusts Act, 1882 and registered in India under the provisions of the Registration Act, 1908. TSGF is a close ended fund organized as a scheme under TVS Shriram Growth AIF Trust II registered with the SEBI as an AIF, under the AIF Regulations. Nexus and affiliated funds have a principal focus of investing in “early to early growth stage” companies in India and in the United States of America. Anchorage Scheme III is a scheme by Anchorage Capital Fund, a Category II AIF registered with the SEBI under the AIF Regulations. Mr. Sharad Sanghi is the founder, CEO and existing shareholder of Neysa. The Co-Investor is a subsidiary of Ontario Teachers’ Pension Plan Board, and is concerned with the administration of pension benefits and investment of pension plan assets of ~340,000 active and retired teachers in the Canadian province of Ontario. Neysa is an AI focused cloud services provider that enables enterprises, startups, and public sector organisations to discover, deploy, and scale AI workloads securely and cost-effectively. Detailed order of the Commission will follow. ***** NB/ONP " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); 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CCI approves the acquisition of certain shareholding in Neysa Networks Pvt Ltd by BCP Asia II Topco V Pte. Ltd., Asia II Topco XIV Pte. Ltd., and other investors

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