Sharad Sanghi Net Worth – CEO and Co-founder of Neysa

Sharad Sanghi is an Indian entrepreneur who is the co-founder and chief executive officer (CEO) of Neysa. He also serves as the Chairman of NTT Global Data Centers and Cloud Infrastructure. Sanghi co-founded Neysa in November 2023 with Anindya Das and BV Jagadeesh. 

Neysa is an AI Acceleration Cloud System provider based in Mumbai, India. By creating specialized systems and services, the startup helps organizations adopt and integrate AI into their everyday operations effortlessly. From data centers and cloud solutions to advanced AI infrastructure, it offers a range of tools to support businesses on their AI journey. Neysa’s mission is to democratize AI and enable it to reach everyone who wants to use it to build impactful solutions. Today, the startup is valued at around $44 million. 

“My mantra for success is customer centricity, investing for the long-term (rather than short term gains). . I also believe in never compromising core values or ethics and in being driven by self-belief, passion, and hunger. This is what keeps me going even today.”

–Sharad Sanghi, on what his Sucess Mantra is

This article will look into Sharad Sanghi’s net worth, education, career, and more. 

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Sharad Sanghi Net Worth

Unfortunately, there is no information available on Sharad Sanghi’s net worth. We will update this section as soon as we come across any concrete data on Sanghi’s wealth. 

However, it is worth noting that Sharad Sanghi is the co-founder and CEO of Neysa, an AI cloud and platform-as-a-service startup, valued at over $44 million. Additionally, Sanghi also serves as the Chairman of NTT, a global technology services company. His leadership roles in these successful companies suggest that his net worth is likely substantial, although exact figures remain undisclosed. 

Education 

Sharad Sanghi holds a bachelor’s degree in Electrical Engineering from the Indian Institute of Technology (IIT) Bombay. He obtained his B.Tech degree in 1989. 

To advance his studies, Sanghi went to New York for his master’s. He has a master’s degree in Electrical Engineering from Columbia University. 

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Career

Sharad Sanghi began his career in network engineering, initially working as a Network Engineer at Advanced Network and Services in 1991. During this time, he contributed to the NSFNET Project as a Backbone Engineer. He then joined Advantis in 1994 as a Router Systems Software Developer, where he gained further experience in network systems for a year.

After moving back to India, Sanghi pursued entrepreneurial ventures and founded Netmagic Solutions in 1998. Under his leadership as Managing Director and CEO, Netmagic grew to become India’s leading Managed Hosting and Cloud Service Provider, operating nine data centers and serving over 1,500 clients. His vision for customer-focused IT infrastructure helped establish Netmagic as a trusted name in India’s IT industry.

In 2012, Netmagic attracted investment from NTT Communications, a Fortune 500 company, which acquired a majority stake in the company. This acquisition marked a milestone as one of the first in the Indian data center sector by a major global player. 

Sanghi continued leading the organization and expanded its offerings in cloud and hybrid infrastructure services, driving Netmagic’s success in India’s Public Cloud market.

Then, Sharad Sanghi went on to serve as the Chief Executive Officer of NTT Ltd. India, overseeing NTT’s key business entities, including NTT India Ltd., NTT Com India, and NTT Netmagic. As CEO, he managed 6,500 employees and 10 data centers, providing services to over 3,000 enterprise clients. He also played a significant role in industry associations, co-chairing the Data Center Council of the Confederation of Indian Industry (CII) and the Associated Chambers of Commerce of India (ASSOCHAM).

In his three-decade-long career, Sanghi has received numerous accolades. He earned a spot in TiE Mumbai’s Hall of Fame for Outstanding Entrepreneur in Deep Tech as one of the “Top 25 Indian Tech Business Persons”. He has also been awarded the Udyog Rattan Award by the Institute of Economic Studies (IES). This award honored his impact on India’s tech and data center industries.

Latest Updates

Neysa has recently raised $30 million in Series A funding, co-led by investors NTTVC, Z47 (formerly Matrix Partners India), and Nexus Venture Partners. This round follows Neysa’s earlier $20 million seed funding, further strengthening its financial foundation. 

Founded by Sharad Sanghi, who also established the successful data center company Netmagic, Neysa is now channeling these investments toward building AI solutions specifically for emerging markets like India.

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