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Nava, AI Data Centre Startup, Seeks $200 Million from Greenoaks in Major Fundraise
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Moneycontrol•24-09-2026, 12:35
Nava, AI Data Centre Startup, Seeks $200 Million from Greenoaks in Major Fundraise
- •AI data centre startup Nava, founded by ex-OYO executive Abhinav Sinha, is in talks to raise approximately $200 million from existing investor Greenoaks.
- •This potential funding round, which could also include other investors, is expected to be one of the largest for an Indian startup recently.
- •Nava specializes in building private cloud infrastructure for enterprises, providing secure and scalable infrastructure for the AI era.
- •The company is reportedly being valued at around $750 million in ongoing negotiations with Greenoaks, marking its second fundraise in under six months.
- •The significant investment highlights growing investor interest in deeptech and AI infrastructure startups in India, with Nava's round potentially ranking among the largest in the sector.
Key Questions Answered
Nava is in discussions to raise approximately $200 million in a fresh funding round from existing investor Greenoaks.
Nava was founded by Abhinav Sinha, who is the former global COO of OYO, along with Vamshidhar Reddy and Abhijeet Singh.
During the ongoing negotiations with Greenoaks, Nava is likely being valued at around $750 million.
