AI Data Centre Startup Nava in Talks to Raise $200 Million From Greenoaks at $750 Million Valuation
Nava, formerly Kluisz, founded by former OYO global COO Abhinav Sinha, is reported to be raising about $200 million from existing investor Greenoaks, one of the largest rounds in India's AI infrastructure space.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $200 M |
| Sector | Nava |
| Coverage | Startup Funding |
Nava (formerly Kluisz), an AI data centre startup founded by former OYO global COO Abhinav Sinha, is in talks to raise about $200 million (around ₹1,900 crore) from existing investor Greenoaks, Moneycontrol reported on September 24, citing at least three people aware of the talks. The round would value the company at about $750 million.
What Nava Does
Nava builds private cloud infrastructure for enterprises, offering a secure and scalable compute stack designed for AI workloads.
How It Compares
If completed, the round would be among the largest in India's AI and data centre space — behind Sarvam AI's $300 million, and ahead of Emergent's $130 million and Brahma AI's $150 million rounds.
Questions Readers Ask
Who founded Nava?
Abhinav Sinha, formerly global COO of OYO.
Is the Nava funding round final?
No. It is reported to be under discussion and has not been announced.
Why It Matters
Enterprises that cannot send sensitive data to public clouds need private AI compute. Nava's reported raise shows investors are backing Indian infrastructure plays, not just application-layer AI.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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