Poonawalla Group Backs trackNOW, Shadowfax Expands Delivery Arsenal, and MapmyIndia Invests In SimDaaS

The Poonawalla Group backs trackNOW, bolstering India's fleet tracking innovation under the 'Make in India' banner. Logistics leader Shadowfax expands its delivery arsenal by acquiring CriticaLog, while MapmyIndia dives deeper into autonomous tech with a 9.37% stake in AI startup SimDaaS. Meanwhile, Meesho secures a whopping $250-270 Mn, setting the stage for a potential IPO and further e-commerce dominance.

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“Tumhe Purna Samarthan Hai”: Poonawalla Group Makes Strategic Investment In Fleet Tracking Startup trackNOW

The Poonawalla Group has extended its support to trackNOW, an emerging player in mobility and IoT tracking solutions, with a strategic investment aligned with the 'Make in India' vision.

The funding underscores a commitment to empowering local entrepreneurs while fostering innovation in India's logistics landscape. Recently recognized with the 'Excellence in Innovation' award at the Logistics & Supply Chain Conclave, trackNOW's potential to transform the sector appears firmly in motion.

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“Hum Saath Saath Hai”: Shadowfax Buys Logistics Startup CriticaLog To Expand Offerings

Shadowfax, the Bengaluru-based logistics giant, has acquired CriticaLog to broaden its reach with customizable delivery services nationwide.

While the deal's financial details remain under wraps, CEO Abhishek Bansal emphasized its alignment with Shadowfax’s mission to tackle last-mile delivery challenges. The acquisition signals a strategic push to redefine flexibility in India's logistics ecosystem.

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“Ek Kadam Safalta Ki Aur”: MapmyIndia Picks Up 9.37% Stake In AI Startup SimDaaS

MapmyIndia has invested INR 3 Cr to acquire a 9.37% stake in SimDaaS Autonomy, a Kanpur-based AI startup specializing in simulation technologies for autonomous systems and ADAS.

The deal, involving equity infusion and preference shares, underscores MapmyIndia's focus on cutting-edge mobility tech. Founded in 2023, SimDaaS is poised to innovate in India's autonomous driving landscape.

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“Learnin’ To Fly”: Meesho Closes Another $250-270 Mn Round

Meesho has reportedly raised $250-270 Mn from investors like Tiger Global and Mars Growth Capital, largely through secondary share sales.

The Bengaluru-based firm is also consolidating its operations under Fashnear Technologies and preparing for a potential IPO in 2026. With this funding boost, Meesho is gearing up for its next big leap in the e-commerce landscape.

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1. VoltUp has secured $8 Mn to enhance its Mobility-as-a-Service (MaaS) offering, building on its earlier $10 Mn pre-seed round. The Pune-based startup aims to invest $85 Mn in scaling swapping stations and battery assets over the next two years.

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2. Juspay is reportedly seeking $150 Mn in a funding round led by Kedaara Capital, with participation from WestBridge and SoftBank. The fresh capital is expected to propel the startup into the unicorn club with a $1 Bn valuation.
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3. Slice is in talks to raise $250–300 Mn from financial investors and family offices to strengthen its digital banking push. This marks its first major fundraising since merging with North East Small Finance Bank, approved by the RBI.
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