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SUMMARY
MapmyIndia has acquired a 9.37% stake in Kanpur-based AI startup SimDaas Autonomy for about INR 3 Cr
The transaction was a mix of equity infusion and issuance of preference shares
Founded in 2023, SimDaas Autonomy focuses on simulation technologies for autonomous systems and advanced driver-assistance systems (ADAS).
Listed geotech company MapmyIndia
has acquired a 9.37% stake in Kanpur-based AI startup SimDaaS Autonomy for about INR 3 Cr.
The transaction was a mix of equity infusion worth INR 2,194.25 and issuance…
