Nava Secures $21.7 Million in Series A Funding to Develop AI Neocloud Platform
Kluisz rebrands as Nava, raises $21.7 million to build AI neocloud platform
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Nava, formerly known as Kluisz, has raised $21.7 million (approximately ₹180 crore) in a Series A funding round led by Greenoaks Capital. The startup aims to build a neocloud platform focused on GPU-based infrastructure for artificial intelligence workloads, expanding its market reach beyond private cloud services.
- 01Nava raised $21.7 million in Series A funding led by Greenoaks Capital.
- 02The company is transitioning from private cloud services to a neocloud platform for AI workloads.
- 03Nava plans to expand its operations in India and Southeast Asia.
- 04The startup is targeting a broader customer base, including AI-native companies.
- 05Nava has onboarded over 12 customers, with four already generating revenue.
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Nava, a private cloud computing startup based in Bengaluru, has successfully rebranded from Kluisz and raised $21.7 million (approximately ₹180 crore) in a Series A funding round led by Greenoaks Capital. This funding comes as part of a strategic shift towards developing a neocloud platform that offers GPU-based infrastructure tailored for artificial intelligence workloads. Co-founder and CEO Abhinav Sinha stated that the company aims to build AI data centers and enhance its service offerings. The funding will be allocated to expanding the platform, hiring talent in data center design and GPU engineering, and launching GPU clusters across India and Southeast Asia. Previously focused on the banking and financial services sector, Nava is now targeting a wider range of enterprises, including those developing AI applications. The company has already begun onboarding customers, with more than 12 in pilot projects and four generating revenue. This funding round highlights the growing interest among investors in AI infrastructure and the competitive landscape in India, where several startups are emerging to meet the rising demand for AI computing capacity.
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Nava's expansion into AI infrastructure is likely to create job opportunities in tech sectors, particularly in data center design and GPU engineering, benefiting the local economy.
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