About MapmyIndia
MapmyIndia is a company based in Delhi (India) founded in 1995 by Rashmi Verma and Rakesh Verma.. MapmyIndia has raised $45.35 million across 6 funding rounds from investors including Flipkart, Kleiner Perkins and Nexus Venture Partners. The company has 935 employees as of March 31, 2024. MapmyIndia has completed 2 acquisitions, including Gtropy and VidTeq. MapmyIndia operates in a competitive market with competitors including HERE, OGSystems, Tele Atlas, Heliware and Kokusai Kogyo, among others.
- Headquarter Delhi, India
- Employees 935 as on 31 Mar, 2024
- Founders Rashmi Verma, Rakesh Verma
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name C.E. Info Systems Ltd.
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Annual Revenue
$54.09 M (USD)22.09as on Mar 31, 2024
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Net Profit
$17.17 M (USD)9.88as on Mar 31, 2024
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EBITDA
$21.38 M (USD)14.7as on Mar 31, 2024
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Total Equity Funding
$45.35 M (USD)
in 6 rounds
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Latest Funding Round
$1.49 M (USD), Series D
Nov 02, 2015
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Investors
Flipkart
& 7 more
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Employee Count
935
as on Mar 31, 2024
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Investments & Acquisitions
Gtropy
& 1 more
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IPO & Listings of MapmyIndia
MapmyIndia is a publicly listed company on the NSE with ticker symbol MAPMYINDIA in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of MapmyIndia
MapmyIndia has successfully raised a total of $45.35M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $1.49 million completed in November 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $1.5M
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First Round
First Round
(24 Jul 2000)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series D - MapmyIndia | Valuation | Flipkart |
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| Jul, 2011 | Amount | Series D - MapmyIndia | Valuation | Zenrin |
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| Dec, 2008 | Amount | Series C - MapmyIndia | Valuation | Qualcomm Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MapmyIndia
MapmyIndia has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Flipkart, Kleiner Perkins and Nexus Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Early-stage investment in technology sectors is conducted by Sherpalo Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MapmyIndia
MapmyIndia has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gtropy and VidTeq. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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GPS-based fleet management solutions for tracking and optimization are provided.
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2017 | ||||
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Video-based navigation and location solutions are provided by VidTeq.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MapmyIndia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mapmyindia Comparisons
Competitors of MapmyIndia
MapmyIndia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HERE, OGSystems, Tele Atlas, Heliware and Kokusai Kogyo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Location-based services and mapping solutions are provided globally.
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| domain | founded_year | HQ Location |
Aerial photogrammetry and data processing solutions for UAVs are provided.
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| domain | founded_year | HQ Location |
Digital maps and real-time traffic data are supplied globally.
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| domain | founded_year | HQ Location |
Provider of maps and 3D analytics platform
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| domain | founded_year | HQ Location |
Spatial information solutions are delivered for infrastructure and environmental projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mapmyindia
Frequently Asked Questions about MapmyIndia
When was MapmyIndia founded?
MapmyIndia was founded in 1995 and raised its 1st funding round 5 years after it was founded.
Where is MapmyIndia located?
MapmyIndia is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of MapmyIndia?
Rakesh Verma is the current CEO of MapmyIndia. They have also founded this company.
Is MapmyIndia a funded company?
MapmyIndia is a funded company, having raised a total of $45.35M across 6 funding rounds to date. The company's 1st funding round was a Series C of $9M, raised on Jul 24, 2000.
How many employees does MapmyIndia have?
As of Mar 31, 2024, the latest employee count at MapmyIndia is 935.
What is the annual revenue of MapmyIndia?
Annual revenue of MapmyIndia is $54.09M as on Mar 31, 2024.
What does MapmyIndia do?
MapmyIndia was founded in 1995 and is based in Delhi, India, within the geospatial sector. Map data, APIs, and SDKs are supplied for uses including navigation, analytics, and automation. Location-based information is enabled for creation, organization, and analysis across enterprises, automotive, government, and consumer sectors. Services encompass GIS, IoT integration, and location intelligence to aid operational processes.
Who are the top competitors of MapmyIndia?
MapmyIndia's top competitors include HERE, NeoGeoInfo and Heliware.
Is MapmyIndia publicly traded?
Yes, MapmyIndia is publicly traded on NSE under the ticker symbol MAPMYINDIA.
How many acquisitions has MapmyIndia made?
Who are MapmyIndia's investors?
MapmyIndia has 8 investors. Key investors include Flipkart, Kleiner Perkins, Nexus Venture Partners, Smifs Capital Markets, and Qualcomm Ventures.
What is MapmyIndia's ticker symbol?
The ticker symbol of MapmyIndia is MAPMYINDIA on NSE.
What is MapmyIndia's valuation?
The valuation of MapmyIndia is $284.79M as of Nov 2015.
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