Inside India's AI Cloud Gold Rush | Sharad Sanghi(Neysa) on GPUs, LLMs & Startups
Founder Thesis · 2025-09-04 · 1h 34m
Episode notes
"Infrastructure always beats applications." This is the core philosophy that made Sharad Sanghi one of India's most successful tech entrepreneurs. While others built consumer apps, he built the data centers that powered them. Now at 56, he's doing it again with AI infrastructure, showing why betting on the plumbing beats betting on the applications. Sharad Sanghi is a pioneer who built India's technology infrastructure backbone. He founded NetMagic in 1998, India's first data center company, scaling it to ₹3,600 crores revenue and 19 data centers before selling to NTT Communications for $116 million. Under his leadership, the company grew to serve 1,500+ enterprise customers with 300MW of IT capacity. After a successful exit, he's now building his second unicorn - Neysa, an AI cloud platform that raised $50 million in just 6 months. With degrees from IIT Bombay and Columbia University, and experience building the early internet backbone in the US, Sharad brings 30+ years of infrastructure expertise to India's AI revolution.
More from Founder Thesis
All episodes →- Rajesh Jain (Netcore Cloud) on How to Bootstrap a SaaS Company to $100M Revenue63 / 100
- The Series A VC Reshaping Indian Startup Funding | Rajeev Kalambi @ Cactus Partners56 / 100
- Is Venture Capital Built to Break Founders - Amrit Chandan @ Lorefully51 / 100
- India's Non-Invasive Answer to Elon Musk's Neuralink | Siddharth Panwar @ NeuroDx
- What VCs Miss When Evaluating Lending Startups: Alok Mittal