In a significant development within India’s rapidly evolving cloud infrastructure landscape, Nava, a startup founded by a former executive of OYO, has raised $22 million in a fresh funding round. The capital will be used to build and scale what the company calls a “neocloud” platform—a modern, developer-first alternative to traditional cloud service providers.
The funding round was led by a mix of global venture capital firms and strategic investors, signaling strong confidence in Nava’s vision to disrupt the cloud computing ecosystem. While the company has not disclosed its valuation, industry analysts suggest that the round positions Nava among the emerging players to watch in the enterpr
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