About VidTeq
VidTeq is a company based in Bengaluru (India) founded in 2008 was acquired by MapmyIndia in April 2017. VidTeq has raised $360.18 thousand across 1 funding round from investors including MapmyIndia and KITVEN. The company has 3 employees as of April 05, 2024. VidTeq operates in a competitive market with competitors including TomTom, NavInfo, NNG, Topcon Positioning and T Map Mobility, among others.
- Headquarter Bengaluru, India
- Employees 3 as on 05 Apr, 2024
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Mappls Dt Private Limited
- Date of Incorporation 28 May, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$211.3 K (USD)66.36as on Mar 31, 2023
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Net Profit
$175.02 K (USD)1138.79as on Mar 31, 2023
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EBITDA
-$2.56 K (USD)-108.99as on Mar 31, 2023
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Total Equity Funding
$360.18 K (USD)
in 1 rounds
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Latest Funding Round
$360.18 K (USD), Series A
Jun 15, 2011
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Investors
MapmyIndia
& 1 more
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Employee Count
3
as on Apr 05, 2024
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Acquired by
MapmyIndia
(Apr 17, 2017)
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Funding Insights of VidTeq
VidTeq has successfully raised a total of $360.18K through 1 strategic funding round. The most recent funding activity was a Series A round of $360.18 thousand completed in June 2011. 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 1
- Last Round Series A — $360,183
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First Round
First Round
(15 Jun 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Series A - VidTeq | Valuation |
investors |
Investors in VidTeq
VidTeq has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include MapmyIndia and KITVEN.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund backed by government financial institutions focused on early and growth stage startups
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Founded Year | Domain | Location | |
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Digital maps and geospatial datasets are delivered via cloud platform.
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Founded Year | Domain | Location |
Investments & Acquisitions by VidTeq
Financial Statements - VidTeq
Vidteq Comparisons
Competitors of VidTeq
VidTeq 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 TomTom, NavInfo, NNG, Topcon Positioning and T Map Mobility, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-based navigation and location mapping solutions are developed.
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| domain | founded_year | HQ Location |
Digital maps, telematics, and dynamic traffic information solutions are provided.
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| domain | founded_year | HQ Location |
White-label connected car navigation and infotainment solutions are provided.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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| domain | founded_year | HQ Location |
Map applications for transportation location management are provided.
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| domain | founded_year | HQ Location |
Provider of an app-based location tracking platform
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Latest news on Vidteq
Frequently Asked Questions about VidTeq
VidTeq was founded in 2008 and raised its 1st funding round 3 years after it was founded.
VidTeq is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
VidTeq is a funded company, having raised a total of $360.18K across 1 funding round to date. The company's 1st funding round was a Series A of $360.18K, raised on Jun 15, 2011.
As of Apr 05, 2024, the latest employee count at VidTeq is 3.
Annual revenue of VidTeq is $211.3K as on Mar 31, 2023.
VidTeq was founded in 2008 in Bengaluru, India, focusing on navigation technology. Video content, digital maps, and search databases are supplied for navigation and location requirements. Video map-based navigation, location, and search solutions are delivered to businesses. VideoMap technology has been patented in India and the USA. The VidNav mobile application is available, recording 30,000 downloads as of May 2016.
VidTeq has 2 investors. Key investors include MapmyIndia, and KITVEN.