->AYIRAN at 07:17, 11 October 2021

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{{Short description|Indian technology company}}
{{Infobox website
| name = MapmyIndia
| headquarters = Okhla Phase-III, [[New Delhi]], [[India]]<ref name="Malik2016">{{cite book|author=K.S.V. Menon & Garima Malik|title=Funding Options for Startups: A Conceptual Framework and Practical Guide|url=https://books.google.com/books?id=bARTDAAAQBAJ&pg=PT29|date=10 June 2016|publisher=Notion Press|isbn=978-1-945400-80-3|pages=29}}</ref>
| screenshot =
| type = IoT, Navigation, Maps, GIS Services
| founded = {{Start date and age|1995}}
| founder = {{plainlist|
*Rakesh Verma
*Rashmi Verma}}
| area_served = [[Indian subcontinent]]
| key_people = {{Unbulleted_list|Rakesh Verma {{small|(CMD)}}|Rohan Verma {{small|(CEO)}}|Ankeet Bhat {{small|(CSO)}}|Sapna Ahuja {{small|(COO)}}|Anuj Jain {{small|(CFO)}}}}
| industry = {{plainlist|
*[[Cartography|Mapping data]]
*[[GPS navigation software]]
*[[Web mapping]]}}
| owner = CE Info Systems Pvt Ltd.
| num_employees = 734{{citation needed|date=November 2017}}
| website = {{URL|https://www.mapmyindia.com}}
}}

'''MapmyIndia''' is an Indian [[technology]] [[company]] that builds digital map data, [[telematics]] services, location-based [[Software as a service|SaaS]] and [[Geographic information system|GIS]] [[Artificial intelligence|AI technologies]].<ref>{{cite web|author=Our Bureau |url=http://www.thehindubusinessline.com/info-tech/mapmyindia-to-build-digital-map-twin-of-the-real-world/article9644671.ece |title=MapmyIndia to build 'Digital Map Twin of the Real World' | Business Line |publisher=Thehindubusinessline.com |date=2017-04-17 |accessdate=2017-08-21}}</ref><ref>{{cite web|url=http://www.financialexpress.com/industry/technology/mapmyindia-this-navigation-system-will-help-you-reach-the-doorstep-of-your-destination-heres-how/546020/ |title=MapMyIndia: This navigation system will help you reach the doorstep of your destination; here's how |publisher=The Financial Express |date=2017-02-10 |accessdate=2017-08-21}}</ref> The company was founded in 1995 and is headquartered at [[New Delhi]] with regional offices in [[Mumbai]] and [[Bangalore|Bengaluru]] and smaller offices across [[India]]. It also has international offices in the [[San Francisco Bay Area]] and [[Tokyo]].<ref name="Malik2016">{{cite book|author=K.S.V. Menon & Garima Malik|title=Funding Options for Startups: A Conceptual Framework and Practical Guide|url=https://books.google.com/books?id=bARTDAAAQBAJ&pg=PT29|date=10 June 2016|publisher=Notion Press|isbn=978-1-945400-80-3|pages=29}}</ref>

==History==
MapmyIndia was founded by Rakesh and Rashmi Verma in 1995.<ref name=":0">{{Cite news|url=https://inc42.com/startups/mapmyindia-maps-gps/|title=MapmyIndia Story: The 25 Year Journey Of Maps, GPS, And More|date=2017-06-13|work=Inc42 Media|access-date=2018-10-29|language=en-US}}</ref> The couple launched a startup called CE Info Systems in 1995 at [[New Delhi]], India.<ref name="Layak">{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/as-mapmyindia-enters-google-territory-can-it-beat-the-goliath-of-internet/articleshow/63060134.cms|title=As MapmyIndia enters Google territory, can it beat the Goliath of internet?|last=Layak|first=Suman|date=2018-02-25|work=The Economic Times|access-date=2018-10-29}}</ref><ref>{{Cite news|url=https://www.japantimes.co.jp/news/2017/04/24/business/corporate-business/japanese-map-publisher-zenrins-indian-partner-expansion-drive/|title=Japanese map publisher Zenrin's Indian partner in expansion drive|date=2017-04-24|work=The Japan Times Online|access-date=2018-10-29|language=en-US|issn=0447-5763}}</ref> The company started working upon developing a [[web mapping]] technology and provide products and services required for enhancing marketing and logistics efficiency in existing organizations in the country.<ref>{{Cite web|url=http://www.forbesindia.com/article/startups/mapmyindia-2.0-battling-for-supremacy/49999/1|title=MapmyIndia 2.0: Battling for supremacy {{!}} Forbes India|website=Forbes India|language=en-US|access-date=2018-10-29}}</ref> 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]] and [[Cellular One]].<ref>{{cite news|title=Harvard Business Review,https://hbr.org/2013/07/use-customer-cash-to-finance-your-start-up}}</ref>

The company launched the first Indian interactive digital mapping portal "www.mapmyindia.com" in 2004.<ref>{{Cite web|url=https://www.afaqs.com/news/story/50075_Meet-MapmyIndia-the-Desi-Google-Map|title=Meet MapmyIndia, the 'Desi Google Map'|website=www.afaqs.com|language=en|access-date=2018-10-29}}</ref> This portal provided free, customized, [[location-based services]] 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]].<ref>{{cite news|title=The Economic Times,https://economictimes.indiatimes.com/tech/internet/locate-your-house-with-mapmyindia-v-2007/articleshow/2173135.cms}}</ref>

In 2010, MapmyIndia launched a [[Location-based service|GPS navigation service]] called Road Pilot, preloaded with Indian cities, villages and destinations.<ref>{{Cite news|url=https://economictimes.indiatimes.com/mapmyindia-launches-new-gps-navigator/articleshow/5675759.cms|title=MapmyIndia launches new GPS navigator|date=2010-03-12|work=The Economic Times|access-date=2018-10-29}}</ref> The company's online maps are integrated with [[ISRO]] Satellite Imagery for detailed satellite and hybrid.<ref>{{Cite news|url=https://carandbike.com/news/mapmyindia-launches-digital-twin-of-real-world-1682517|title=MapMyIndia Launches Digital Twin Of Real World - NDTV CarAndBike|work=[[NDTV]]|access-date=2018-10-29|language=en}}</ref> 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.<ref>{{Cite web|url=https://www.medianama.com/2014/05/223-mapmyindia-launches-new-app-with-voice-navigation-in-regional-languages/|title=Mapmyindia launches new app with voice navigation in regional languages - MediaNama|website=www.medianama.com|language=en-US|access-date=2018-10-29}}</ref>

In 2020, MapmyIndia launched a unique Covid-19 dashboard<ref>{{Cite web|title=COVID-19 India Tracker - Coronavirus Cases, Testing Labs, Treatment & Isolation Centres in India|url=https://maps.mapmyindia.com/corona|access-date=2020-11-16|website=maps.mapmyindia.com|language=en}}</ref> 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]] was slow to respond and released it many months later. It also won the [[Government of India]]'s AatmaNirbhar Bharat App Innovation Challenge for its consumer app, Move.<ref>{{Cite web|last=Malhotra|first=Vanshika|date=2020-08-08|title=AtmaNirbhar Bharat app innovation challenge: Here are the winners of the contest|url=https://www.indiatvnews.com/technology/news-atmanirbhar-app-innovation-challenge-here-are-the-winners-of-the-contest-640489|access-date=2020-11-16|website=www.indiatvnews.com|language=en}}</ref>

==Product and services==
MapmyIndia offers [[Navigation]], Tracking, [[Internet of things|IoT]], Analytics and [[web mapping]] service for desktop and mobile devices.<ref name="Layak"/><ref>{{Cite web|url=https://www.financialexpress.com/industry/how-mapmyindia-is-planning-rival-to-google-maps/1019664/|title=How MapmyIndia is planning rival to Google Maps - The Financial Express|website=www.financialexpress.com|access-date=2018-10-29}}</ref> The company also offers advanced [[Vehicle tracking system|GPS tracking devices]], car in-dash infotainment & plug & play on-board diagnostics car tracker.<ref>{{Cite news|url=https://www.thehindubusinessline.com/info-tech/mapmyindia-to-launch-vehicle-tracking-device/article24857333.ece|title=MapmyIndia to launch vehicle-tracking device|work=@businessline|access-date=2018-10-29|language=en}}</ref><ref>{{Cite web|url=http://www.newindianexpress.com/business/2018/oct/21/mapmyindia-expects-30-per-cent-revenue-growth-this-fiscal-on-account-of-new-products-1888085.html|title=MapmyIndia to launch vehicle-tracking device|date=3 September 2018|publisher=[[The Hindu]]}}</ref> 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.<ref>{{Cite news|url=https://gadgets.ndtv.com/apps/news/mapmyindia-navimaps-navigation-app-for-ios-now-available-for-download-566679|title=MapmyIndia 'NaviMaps' Navigation App for iOS Now Available for Download|work=NDTV Gadgets360.com|access-date=2018-10-29|language=en}}</ref><ref>{{Cite news|url=https://www.bgr.in/news/mapmyindia-launches-navimaps-an-offline-navigation-app-for-ios/|title=MapmyIndia launches 'NaviMaps', an offline navigation app for iOS|last=PTI|date=2014-07-29|work=BGR India|access-date=2018-10-29|language=en-US}}</ref><ref>{{Cite news|url=https://www.mysmartprice.com/gear/2018/07/20/android-auto-app-satellite-view-google-maps-realistic-true-car-navigation-mode/|title=Android Auto App Gets Satellite View: Google Maps Finally Looks Realistic While In True In-Car Navigation Mode - MySmartPrice News|date=2018-07-20|work=MySmartPrice|access-date=2018-10-29|language=en-US}}</ref>

==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.<ref>{{Cite web|url=https://www.financialexpress.com/industry/car-gps-devices-what-is-better-smartphone-or-dedicated-device-here-is-guide-for-you/930291/|title=Car GPS devices: What is better? Smartphone or dedicated device; here is guide for you - The Financial Express|website=www.financialexpress.com|access-date=2018-10-29}}</ref><ref name=":0" /> It also claims to have 5,000 enterprise customers with 80% market share in the location intelligence space.<ref>{{Cite news|url=https://timesofindia.indiatimes.com/business/india-business/it-majors-to-benefit-from-regulatory-push-for-telematics/articleshow/58136318.cms|title=IT majors to benefit from regulatory push for telematics - Times of India|work=The Times of India|access-date=2018-10-29}}</ref><ref>{{Cite news|url=https://www.vccircle.com/flipkart-backed-mapmyindia-acquires-vidteq|title=Flipkart-backed MapmyIndia acquires VIDTEQ|date=2017-04-18|work=VCCircle|access-date=2018-10-29|language=en-US}}</ref> MapmyIndia's cloud mapping services are also used by many developers and tech companies in India such as PhonePe, Paytm, Amazon, Alexa voice, Flipkart, Uber, Ola, Grofers, etc for planning, operations and customer experience.<ref>{{Cite web|title=Can MapMyIndia beat Google to be the navigator of 'Atmanirbhar Bharat'?|url=https://www.moneycontrol.com/news/business/startup/can-mapmyindia-beat-google-to-be-the-navigator-of-atmanirbhar-bharat-5766301.html|access-date=2020-11-16|website=Moneycontrol}}</ref>

==Funding==
MapmyIndia has raised $34 million in venture capital financing in the three rounds since 2007 from the Lightbox Ventures, Nexus Venture Partners,<ref>{{Cite web|url=https://gigaom.com/2007/08/09/419-mapmyindia-gets-over-25-million-in-funding-from-nexus-india-capital/|title=MapMyIndia Gets Over $2.5 Million In Funding From Nexus India Capital|last=Staff|first=Edit|date=2007-08-09|website=gigaom.com|language=en-US|access-date=2018-10-29}}</ref> Qualcomm Ventures and Zenrin.<ref>{{Cite news|url=https://www.outlookbusiness.com/enterprise/big-idea/an-atlas-of-opportunity-1730|title=An atlas of opportunity|work=Outlook|access-date=2018-10-29}}</ref> In 2015, [[Flipkart]] 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.<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/flipkart-picking-up-34-stake-in-digital-mapping-firm-mapmyindia-in-rs-1600-crore-deal/articleshow/50034934.cms|title=Flipkart picking up 34% stake in digital mapping firm MapmyIndia in Rs 1,600 crore deal|last1=Chanchani|first1=Madhav|date=2015-12-04|work=The Economic Times|access-date=2018-10-29|last2=Dave|first2=Sachin}}</ref> Over the years, the firm's value has more than tripled due to increase in adoption of its technologies.

== References ==
{{reflist}}

== External links ==
*{{url|www.mapmyindia.com|Official Site}}

[[Category:Web mapping]]
[[Category:Internet properties established in 1995]]
[[Category:Street view services]]
[[Category:Indian websites]]
[[Category:Indian companies established in 1995]]
[[Category:Companies based in New Delhi]]

MapmyIndia - Revision history

->AYIRAN at 07:17, 11 October 2021