AI startup Nava raises $22 million in round led by Greenoaks Capital – The Economic Times

The Economic Times


Artificial intelligence (AI) startup Nava, formerly Kluisz, has raised $22 million in a funding round led by San Francisco-headquartered Greenoaks Capital, with participation from RTP Global and Unicorn India Ventures, as it pivots to building a full-stack AI cloud infrastructure platform across the Asia-Pacific region.

Founded in 2025 by former OYO global chief operating officer Abhinav Sinha, ex-McKinsey partner Vamshidhar Reddy, and former Jio cloud executive Abhijeet Singh, the company is expanding beyond its earlier software-led GPU cloud offering to a vertically integrated model. This includes artificial intelligence (AI)-optimised data centres, high-performance GPU compute, and AI-native orchestration and inferencing layers.

“This is an important phase for us. We started as a software-first GPU cloud company, but are now building a full-stack neo-cloud platform,” Sinha told ET, adding that the rebrand reflects the company’s expanded vision and ambition.

The company will use the fresh capital to build out GPU compute and AI data centre capabilities, while also investing in talent across AI infrastructure, including data centre design, GPU engineering, and go-to-market roles. Nava will be hiring across India and Southeast Asia, particularly Singapore, which has seen more mature data centre deployments, Sinha explained.

Nava aims to target enterprises building AI models and applications, offering infrastructure through multiple models such as GPU-as-a-service and bare-metal compute. “Anyone building at the model or application layer in AI is a potential customer,” Sinha said. Currently, the company is in advanced discussions for its new GPU-AI infrastructure offerings.

According to studies by the Council on Energy, Environment and Water (CEEW) and real estate consulting firm CBRE, while India’s installed data centre capacity reached around 1.5 GW in 2025, it remains in the early stages of a potential fourfold expansion. In contrast, the US data centre market is projected to reach approximately 76 GW in total power demand in 2026.