India, April 9 -- Former OYO senior executive Abhinav Sinha's AI startup Nava, earlier known as Kluisz.ai, has raised $22 Mn (about Rs.204 Cr) in its Series A round led by Greenoaks, with participation from existing investors RTP Global and Unicorn India Ventures.

Along with the fundraise, the startup announced its rebranding to Nava. In a statement, the startup said it has set up Singapore as its regional headquarters to be closer to key APAC markets and global talent

Founded in 2025 by Sinha, ex-McKinsey Partner Vamshidhar Reddy, and ex-VP of cloud at Jio Abhijeet Singh, Nava is building a full-stack neocloud platform.

Neocloud platforms essentially provide GPU-as-a-service, enabling businesses to run AI, machine learning, and other ...