Who is owner of MapmyIndia?


Who is owner of MapmyIndia?

Rakesh Verma –
Rakesh Verma – Chairman and Managing Director – MapmyIndia | LinkedIn.

What companies use MapmyIndia?

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.

How good is MapmyIndia?

A profitable company As compared to Rs 55.18 crore in the April-September period 2020, MapmyIndia’s revenue rose to Rs 100.03 crore in the same period in 2021. The company claims to have developed digital maps covering 6.29 Mn Km of roads in India, representing 98.50% of India’s road network.

Is MapmyIndia a listed company?

MapmyIndia shares listing: The scrip of digital mapping company C.E. Info Systems (MapmyIndia) got listed at Rs 1581.00 apiece on the BSE, thereby registering a gain of 53.05 per cent above its offer price of Rs 1,033.00.

Is MapmyIndia good for long term?

“We advise investors to hold this stock for long-term, and new investors can also add this stock in dips,” he added with a price range of Rs 1,250-1,300 as an attractive buy for MapmyIndia.

Is MapmyIndia better than Google Maps?

“ISRO’s imagery gives a bird’s-eye-view of how India looks from above. But it also has a huge set of imagery like weather data and landslide information. When all of this gets combined, it is a more powerful and indigenous alternative to Google Maps,” MapmyIndia CEO Rohan Verma tells indianexpress.com over a call.

Is MapmyIndia a SaaS company?

MapmyIndia is a SaaS technology company in the domain of maps and geospatial technologies. It caters to 500 customers across consumer tech, auto OEMs and enterprises across the private and public sector.

How does MapmyIndia earn?

Direct consumers (through free and paid app/maps) Automotive (40% of revenue) Mobile Internet (20%) and. Enterprises and government (40% of revenue).

Does MapmyIndia use Google Maps?

Going by it’s Google Play Store listing, MapmyIndia Move provides users with maps that advanced 3D maps incorporate ISRO’s Bhuvan Satellite view and offers features such as voice guidance, live location sharing and more. If logged in from multiple devices, you can even use it to track your phone’s location.

What will be the listing price of MapmyIndia?

IPO Timetable and Price Band

Opening Date 9th December 2021
Sale Offer Approximately 10,063,945 equity shares
Face Value Rs. 2 per equity share
Price Band Rs. 1,000 – Rs. 1,033 per share
Websites BSE & NSE

Should I hold MapmyIndia or sell?

What is future of MapmyIndia share?

Tomorrow’s movement Prediction of C.e. Info Systems Limited MAPMYINDIA as on 29 Mar 2022 appears strongly Bullish….Munafa value: 65 as on 29 Tue Mar 2022.

Upside target 1577.15
Upside target 1526.4
Downside target 1509.48
Downside target 1492.02
Downside target 1488.7