MapmyIndia is a company.
MapmyIndia has raised $9.0M across 1 funding round.
Key people at MapmyIndia.
MapmyIndia has raised $9.0M in total across 1 funding round.
Key people at MapmyIndia.
MapmyIndia (officially CE Info Systems Ltd., NSE: MAPMYINDIA) is India's leading provider of premium digital map data, APIs, GPS navigation, telematics, location-based SaaS, and GIS AI technologies.[1][2][5] The company builds comprehensive mapping solutions including offline and online 3D maps, live traffic integration, IoT devices for vehicle tracking, and geospatial analytics, serving over 5,000 enterprise customers such as PhonePe, Paytm, Amazon, Flipkart, Uber, and Apple, with claimed 90% market share in GPS navigation and 80% in location intelligence for India.[1][2][6] It primarily targets automotive manufacturers (cars, bikes, EVs, commercial vehicles), enterprises, government, and developers, solving challenges in navigation, fleet management, route optimization, and location-based services through proprietary, continuously updated maps covering 4,877 cities, 622,000 towns/villages, house-level data, and 50 cities in full 3D.[3][5] Growth momentum is strong, driven by adoption in ADAS, smart cities, connected cars, and EV infrastructure, with expansion into international markets like the US and Japan.[1][7]
Founded in 1995 and headquartered in New Delhi (with offices in Mumbai, Bengaluru, San Francisco Bay Area, and Tokyo), MapmyIndia pioneered digital mapping in India through continuous field surveys and state-of-the-art technology, creating the nation's most detailed proprietary map dataset.[1][2][5] Key founder Rakesh Kumar Verma, an IIT Kanpur alumnus with prior experience at GE and Tata, started the company to address the lack of accurate local maps, beginning with basic digital data collection.[1] Early traction came in 2010 with Road Pilot, a GPS navigation service preloaded for Indian cities and villages integrated with ISRO satellite imagery; this evolved in 2014 to NaviMaps, an offline voice-navigation app supporting 10+ Indian languages like Hindi and Tamil.[1] Pivotal moments include building ISO 9001-2015 certification, launching consumer apps like maps.mapmyindia.com, and going public in 2021, scaling to 734+ employees and 10 million+ end users across consumers, enterprises, and government.[2][5]
MapmyIndia rides the geospatial and location intelligence wave, fueled by India's digital transformation, smart cities initiative, EV boom, and autonomous vehicle trends, where precise local data is critical amid rapid urbanization and poor global map coverage.[1][6][7] Timing is ideal post-2021 IPO, aligning with 5G rollout, IoT proliferation, and government mandates for domestic tech (e.g., data sovereignty), positioning it against imports like Google Maps.[2][9] Market forces favoring it include rising demand for ADAS/telematics in 100M+ vehicles, logistics optimization for e-commerce, and GIS for urban planning/government projects.[4][5] It influences the ecosystem by seeding developer tools, powering apps/services for fintech/logistics giants, and enabling "Make in India" for connected mobility, reducing reliance on foreign mapping while exporting tech globally.[6][9]
MapmyIndia is poised for acceleration in EV/ADAS integration, international expansion, and AI-enhanced geospatial services like predictive analytics and indoor mapping, potentially capturing more of the $10B+ global location tech market.[6][7] Trends like multi-modal autonomy, 5G-IoT fleets, and real-time geo-AI will shape its path, with risks from competition (e.g., CARTO) mitigated by India-first data moat.[4][9] Its influence may evolve into a full-stack platform for safe, efficient mobility ecosystems, transforming how India—and beyond—navigates the connected world, building on its foundational role as the mapmaker behind the nation's digital journey.[1][2]
MapmyIndia has raised $9.0M in total across 1 funding round.
MapmyIndia's investors include Mobile Foundation Ventures.
MapmyIndia has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series C in February 2009.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2009 | $9.0M Series C | Mobile Foundation Ventures |
