The move is meant to reflect a shared ambition to advance the future of location-based experiences.
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The company said the round brings its total funding to $26 million CAD since launching in late 2025.
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Mumbai’s manufacturing companies keep goods flowing into the regional, national and global supply chains.
The round was led by ICICI Venture and Redstart Labs.
The Singapore-based company will become part of an India-based division of its new parent company.
The round was co-led by Regeneron Ventures, Innovation Endeavors and Janus Henderson Investors.
