The funding, led by MindWorks Capital, will help Jumppoint expand its artificial intelligence-powered logistics platform and regional network.
The robotics firm is much less than a years of age and is currently worth $2 billion.
Upwind was founded in late 2022 and has raised a total of $180 million.
The acquisition will result in Windward's delisting from the stock exchange and nearly doubling its IPO valuation.
Mindgrove also received $1.8 million under the Indian government's Design-Linked Incentive (DLI) program to support chip development.
Sign in to your account