TT&A successfully obtained unconditional approval from the Competition Commission of India on behalf of Nexus Ventures Partners and Mr. Sharad Sanghi in relation to their incremental investment and acquisition of shares in Neysa Networks Private Limited. Other co-investors included Blackstone, TVS Capital, 360 ONE Assets, OTPP and Anchorage. TT&A also advised Neysa in this transaction. 

These investments provide a material impetus to Neysa’s planned scale-up, to help enable the country’s AI revolution. The transaction was signed on the heels of the India AI Summit on 14 February 2026.  

This was in fact the first transaction reviewed by the CCI in the AI sector; soon after the release of a market study on Artificial Intelligence by the regulator.

TT&A Team: Sonam Mathur – Partner; Dhruv Dikshit – Managing Associate; Samriddha Gooptu – Senior Associate; Saikishan Rathore and Shashank Mehrotra – Associates