AI infrastructure startup Nava is in talks to raise around $200 million from existing investor Greenoaks, potentially valuing the company at about $750 million. The proposed funding would come less than six months after Nava raised $22 million as demand for AI compute infrastructure accelerates in India and Asia.
Nava Funding Talks Put AI Infrastructure in Focus
Nava, an AI data-centre and cloud infrastructure startup, is in discussions to raise around $200 million in fresh funding, according to people familiar with the matter. The round could value the company at approximately $750 million, Moneycontrol reported on September 24, 2026.
The proposed transaction is still under negotiation and has not been formally announced by Nava or Greenoaks. Other investors could also participate in the round, according to the report.
If completed at the reported size, the funding would represent a significant jump from Nava’s previous capital raise and would place the startup among India’s larger recent AI infrastructure funding rounds.
The development comes as investors increasingly focus on the infrastructure required to support artificial intelligence. While much of the attention in the AI sector has been on models and applications, demand for GPUs, computing capacity, cloud platforms and specialised data centres has created another investment opportunity.
Ex-OYO Executive Abhinav Sinha Leads Nava
Nava was founded in 2025 by Abhinav Sinha, Vamshidhar Reddy and Abhijeet Singh.
Sinha is Nava’s CEO and co-founder and previously served as global COO and CPO at OYO. Reddy previously worked as a McKinsey partner and at semiconductor company AMD, while Singh previously worked as VP of Cloud Infrastructure at Jio and at AT&T. Nava’s own website identifies the three as its co-founders and describes the company as an AI-native cloud infrastructure business.
The company was originally known as Kluisz. It rebranded as Nava earlier this year as it expanded its focus from a software-first GPU cloud offering toward a broader AI infrastructure platform.
The founders’ backgrounds span cloud infrastructure, consulting, enterprise operations and technology, areas that are directly relevant to the capital-intensive AI infrastructure market.
Nava Previously Raised $22 Million From Greenoaks
The proposed $200 million round would follow Nava’s $22 million Series A announced in April 2026.
Greenoaks led that round, with participation from RTP Global and Unicorn India Ventures. Nava said the capital would be used to expand its GPU compute and AI data-centre capabilities and support hiring in areas including data-centre design and GPU engineering.
The company also established Singapore as its regional headquarters while retaining an execution base in India. Its expansion strategy is focused on serving enterprises across India, Southeast Asia and the broader Asia-Pacific market.
The latest funding discussions therefore represent a rapid progression for a company that was founded only in 2025.
Moneycontrol reported that Nava had raised more than $30 million in total before the proposed new round, citing data from private markets platform Tracxn.
$750 Million Valuation Would Mark Sharp Increase
The reported $750 million valuation would represent a substantial increase from the valuation indicated in available private-market data earlier this year.
According to Moneycontrol, Tracxn data showed Nava was valued at more than $40 million around April 2026. The company had not previously disclosed an official valuation.
However, the reported $750 million figure should be treated as a proposed valuation rather than a completed transaction value. Private funding negotiations can change before the final agreement is signed, particularly when multiple investors are involved.
If the deal closes near the reported terms, it would nevertheless demonstrate how quickly valuations can move for startups operating in strategically important parts of the AI infrastructure ecosystem.
For Nava, the proposed financing would also provide substantially more capital to expand hardware capacity, data-centre operations and its cloud platform.
Nava Is Building an AI-Native Cloud Platform
Nava describes its business as a cloud infrastructure platform designed specifically for AI workloads.
The company’s platform is built around workloads such as model training, GPU inference and vector retrieval. It also offers infrastructure and data services intended to support enterprises deploying AI applications.
The company says its approach is different from adapting traditional cloud infrastructure for AI after the fact. Instead, Nava is positioning its platform as AI-native infrastructure built around the computing requirements of modern AI workloads.
Its technology offering includes GPU compute, cloud infrastructure, managed vector databases, model-related services and other components needed for AI deployment.
The distinction is important because AI workloads can place different demands on infrastructure compared with conventional enterprise software. Training and inference can require significant computing power, specialised hardware and infrastructure capable of handling large amounts of data.
AI Data Centres Become a Bigger Startup Opportunity
Nava’s funding discussions come as AI infrastructure attracts increasingly large amounts of private capital globally.
The growing use of generative AI and AI agents is increasing demand for computing capacity. Data centres need GPUs, power, cooling systems, networking infrastructure and specialised software to support these workloads.
India is also seeing larger AI infrastructure funding rounds. Moneycontrol reported that a potential $200 million Nava round would rank behind Sarvam AI’s reported $300 million raise and ahead of several other large AI-related funding rounds in India’s startup ecosystem.
The trend reflects a broader change in venture investing. Investors are increasingly looking beyond consumer-facing AI applications toward the infrastructure that enables companies to build and operate those applications.
For startups such as Nava, this creates an opportunity to provide computing capacity to enterprises that may not want to build their own specialised AI infrastructure.
Greenoaks Could Deepen Its Nava Investment
The proposed transaction would also represent a larger follow-on investment from Greenoaks.
Greenoaks previously led Nava’s $22 million Series A. A potential $200 million follow-on investment would significantly increase the firm’s exposure to the company.
Moneycontrol reported that Greenoaks has followed a similar strategy with some other Indian startups, participating in earlier rounds before increasing its investment as companies grow. The report cited investments in companies including Zetwerk, OYO and CRED as examples of this broader approach.
For Nava, having an existing investor potentially lead another large round could provide continuity as the company moves into a more capital-intensive phase.
At the same time, a funding round of this size would raise expectations around execution, infrastructure expansion and commercial growth.
The Next Challenge Is Scaling AI Infrastructure
Raising capital is only one part of the challenge for an AI data-centre startup.
Infrastructure businesses require significant investment in hardware, power, facilities, networking and engineering. Unlike software startups, AI infrastructure companies can face substantial upfront costs before reaching scale.
Nava’s previous funding was specifically earmarked partly for GPU and data-centre expansion. A much larger round could allow the company to accelerate those plans, expand its footprint and increase the amount of computing capacity available to enterprise customers.
The company will also have to compete with established cloud providers and other specialised AI infrastructure companies that are investing heavily in computing capacity.
The proposed funding therefore comes at an important stage. Nava is moving from an early-stage AI cloud company toward a larger infrastructure platform, and the reported valuation reflects investor expectations around that expansion.
India’s AI Infrastructure Race Gains Momentum
The Nava funding talks add another data point to India’s rapidly developing AI infrastructure ecosystem.
Startups are attracting larger funding rounds as investors look for businesses positioned to benefit from rising AI adoption. At the same time, established technology companies and global infrastructure providers are expanding their own AI capabilities.
For Indian startups, access to capital is particularly important because AI infrastructure can require more funding than conventional software businesses.
Nava’s potential $200 million round would give the company considerable financial resources if the transaction closes on the reported terms. The funding could support additional GPU capacity, data-centre development, engineering and expansion across Asian markets.
For now, however, the proposed round remains a funding negotiation. Nava and Greenoaks have not publicly confirmed the reported $200 million transaction or the $750 million valuation.
Key Takeaways
- Nava is reportedly negotiating a funding round of around $200 million from existing investor Greenoaks.
- The proposed transaction could value the AI infrastructure startup at approximately $750 million, although the deal has not been formally announced.
- Nava previously raised $22 million in a Series A led by Greenoaks in April 2026.
- The startup is building AI-focused cloud, GPU compute and data-centre infrastructure for enterprise customers across Asia.
FAQ
What is Nava?
Nava is an AI-native cloud infrastructure startup founded in 2025 by Abhinav Sinha, Vamshidhar Reddy and Abhijeet Singh. The company provides infrastructure designed for AI workloads, including GPU computing and data services.
How much funding is Nava reportedly raising?
Nava is reportedly in talks to raise around $200 million in a fresh funding round. The negotiations could value the company at approximately $750 million, according to people cited by Moneycontrol. The transaction has not yet been formally announced.
Who is investing in Nava?
Greenoaks is reportedly in discussions to lead the proposed round. The investment would follow its participation in Nava’s $22 million Series A. RTP Global and Unicorn India Ventures also participated in that earlier funding round.
Why is AI data-centre infrastructure attracting investment?
AI models require significant computing capacity for training and inference. This has increased demand for GPUs, specialised cloud platforms and data-centre infrastructure. Startups such as Nava are targeting this infrastructure layer as enterprises expand their use of AI.
