India, Nov. 14 -- Private equity giant Blackstone and Japanese VC major SoftBank are reportedly in early discussions to acquire stakes in homegrown AI cloud infrastructure platform Neysa.

Sources told Bloomberg that Blackstone is evaluating picking up a majority stake, while SoftBank is mulling buying a minority shareholding. The investment could value Neysa at less than $300 Mn.

As per the report, any incoming investor would likely have to commit additional capital to fund the startup's expansion. No final decision has been made so far and other investors could also participate in the round.

If the deal materialises, this will mark SoftBank's first new investment in India in the past three years. On the other hand, the potential acqui...