MapmyIndia is an Indian technology company that builds digital map data,

telematics Telematics is an interdisciplinary field encompassing telecommunications, vehicular technologies (road transport, road safety, etc.), electrical engineering (sensors, instrumentation, wireless communications, etc.), and computer science (multimedia ...

services, location-based

SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is con ...

and GIS AI technologies. The company was founded in 1995 and is headquartered at

New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament Ho ...

with regional offices in

Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...

and Bengaluru and smaller offices across India. It also has international offices in the

San Francisco Bay Area The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Go ...

and

Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...

History

MapmyIndia was founded by Rakesh and Rashmi Verma in 1995. The couple launched a startup called CE Info Systems in 1995 at

, India. The company started working upon developing a

web mapping Web mapping or an online mapping is the process of using maps, usually created through geographic information systems (GIS), on the Internet, more specifically in the World Wide Web (WWW). A web map or an online map is both served and consumed, ...

technology and provide products and services required for enhancing marketing and logistics efficiency in existing organizations in the country. Soon after, the company took up an assignment to develop good quality maps with detailed topography to support the marketing and logistics operations of

Coca-Cola Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton in Atlant ...

and

Cellular One Cellular One is the trademarked brand name that licenses services (radio frequencies for telecommunications) used by several cellular service providers in the United States. The brand was sold to Trilogy Partners by AT&T in 2008 shortly after AT ...

. The company launched the first Indian interactive digital mapping portal "www.mapmyindia.com" in 2004. This portal provided free, customized,

location-based services A location-based service (LBS) is a general term denoting software services which use geographic data and information to provide services or information to users. LBS can be used in a variety of contexts, such as health, indoor object search, ent ...

including assigning an e-location to existing addresses to enable last mile deliveries to their exact destinations. The services were available for mobile phones with internet connectivity also. These services were also provided through the MapmyIndia portal to

MagicBricks Magicbricks, a division of Times Internet Limited, a wholly owned subsidiary of Bennett, Coleman & Co. Ltd (The Times Group) is a website that provides a common platform for property buyers & sellers to locate properties of interest in India, ...

. In 2010, MapmyIndia launched a GPS navigation service called Road Pilot, preloaded with Indian cities, villages and destinations. The company's online maps are integrated with ISRO Satellite Imagery for detailed satellite and hybrid. As of 2018, it has 5000+ enterprise customers and over 250 million consumers benefit directly and indirectly from its services. MapmyIndia has also expanded into the Indian subcontinent by creating maps of Sri Lanka, Bangladesh, Bhutan and Nepal and soon plans to release maps for the different parts of the world. In 2020, MapmyIndia launched a unique COVID-19 dashboard that in real time mapped containment zones and Covid testing and treatment centers across India and made it available for free access to millions of web and mobile users. It greatly benefited users needing this information as the incumbent global mapping giant,

Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...

was slow to respond and released it many months later. It also won the

Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...

's AatmaNirbhar Bharat App Innovation Challenge for its consumer app, Move.

Product and services

MapmyIndia offers

Navigation Navigation is a field of study that focuses on the process of monitoring and controlling the movement of a craft or vehicle from one place to another.Bowditch, 2003:799. The field of navigation includes four general categories: land navigation, ...

, Tracking, IoT, Analytics and

service for desktop and mobile devices. The company also offers advanced GPS tracking devices, car in-dash infotainment & plug & play on-board diagnostics car tracker. The navigation service features street view, public transit information and turn-by-turn navigation with spoken instructions for vehicles. It later launched offline navigation app, Navimaps that uses offline vector data to offer 3D terrains and city models and 3D building for in-car infotainment systems.

Market share

The company's navigation and location services are primarily used by vehicle manufacturers (cars, bikes, commercial vehicles, electric vehicles) and it has 95% market share on GPS navigation in India. It also claims to have 5,000 enterprise customers with 80% market share in the location intelligence space. MapmyIndia's cloud mapping services are also used by many developers and tech companies in India such as

PhonePe PhonePe is an Indian digital payments and financial technology company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified ...

Paytm Paytm (acronym for "pay through mobile") is an Indian digital payments and financial services company, based in Noida. It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to c ...

Amazon Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technolog ...

Alexa Alexa may refer to: Technology *Amazon Alexa, a virtual assistant developed by Amazon * Alexa Internet, a defunct website ranking and traffic analysis service * Arri Alexa, a digital motion picture camera People * Alexa (name), a given name a ...

voice,

Flipkart Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categorie ...

Uber Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery (Uber Eats and Postmates), packa ...

Ola Cabs Ola Cabs (stylized as OLΛ) is an Indian multinational ridesharing company, headquartered in Bangalore. It also operates in other business verticals including financial services and cloud kitchens. A variety of venture capitalists including ...

Blinkit Blink Commerce Private Limited, d/b/a Blinkit and formerly Grofers, is an Indian instant delivery service. It was founded in December 2013 and is based out of Gurgaon. Customers of the company use a mobile application to order groceries and e ...

, etc. for planning, operations and customer experience.

Funding

MapmyIndia has raised $34 million in venture capital financing in the three rounds since 2007 from the Lightbox Ventures, Nexus Venture Partners, Qualcomm Ventures and Zenrin. In 2015,

announced that it has acquired 34% stake of the company for Rs 1,600 crores and provided a successful exit to MapmyIndia's early investors. Over the years, the firm's value has more than tripled due to increase in adoption of its technologies.

References

External links

*{{url, www.mapmyindia.com, Official Site Web mapping Internet properties established in 1995 Street view services Indian websites Indian companies established in 1995 Companies based in New Delhi 2021 initial public offerings Companies listed on the Bombay Stock Exchange Companies listed on the National Stock Exchange of India