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
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name C.E. Info Systems Ltd.
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Annual Revenue
$54.19 M (USD)22.09as on Mar 31, 2025
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Net Profit
$17.21 M (USD)9.88as on Mar 31, 2025
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EBITDA
$21.42 M (USD)14.7as on Mar 31, 2025
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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.
People of MapmyIndia
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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.
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.
| 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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Early-stage investment in technology sectors is conducted by Sherpalo Ventures.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Investor details for MapmyIndia
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Investments & Acquisitions by MapmyIndia
MapmyIndia has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gtropy and VidTeq.
Investment portfolio details for MapmyIndia
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| 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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Video-based navigation and location solutions are provided by VidTeq.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for MapmyIndia
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Financial Statements - MapmyIndia
Detailed financials for MapmyIndia
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Mapmyindia Comparisons
Peer comparison for MapmyIndia
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Location-based services and mapping solutions are provided globally.
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Aerial photogrammetry and data processing solutions for UAVs are provided.
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Digital maps and real-time traffic data are supplied globally.
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Provider of maps and 3D analytics platform
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Spatial information solutions are delivered for infrastructure and environmental projects.
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Detailed competitors of MapmyIndia
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Latest news on Mapmyindia
Complete news archive for MapmyIndia
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Frequently Asked Questions about MapmyIndia
MapmyIndia was founded in 1995 and raised its 1st funding round 5 years after it was founded.
MapmyIndia is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Rakesh Verma is the current CEO of MapmyIndia. They have also founded this company.
MapmyIndia is a funded company, having raised a total of $45.35M across 6 funding rounds to date.
As of Mar 31, 2024, the latest employee count at MapmyIndia is 935.
Annual revenue of MapmyIndia is $54.19M as on Mar 31, 2025.
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.
MapmyIndia's top competitors include HERE, NeoGeoInfo and Heliware.
Yes, MapmyIndia is publicly traded on NSE under the ticker symbol MAPMYINDIA.
MapmyIndia has 8 investors. Key investors include Flipkart, Kleiner Perkins, Nexus Venture Partners, Smifs Capital Markets, and Qualcomm Ventures.
The ticker symbol of MapmyIndia is MAPMYINDIA on NSE.
The valuation of MapmyIndia is $284.79M as of Nov 2015.