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MapmyIndia - About the company

MapmyIndia is a public company based in Delhi (India), founded in 1995 by Rakesh Kumar Verma and Ravi Malviya. It operates as a Developer of digital mapping software and location based tracking hardware. MapmyIndia has raised $45.3M in funding from investors like Flipkart, Nexus Venture Partners and Qualcomm Ventures. The company has 394 active competitors, including 17 funded and 23 that have exited. Its top competitors include companies like Waze, HERE and onXmaps.

Company Details

Developer of digital mapping software and location based tracking hardware. This business provides geospatial data, navigation tools, and analytics platforms for enterprise and automotive applications. Offerings include application programming interfaces for routing, search, and geocoding, alongside sensors for vehicle monitoring and fleet management. The technology supports autonomous mobility, workforce automation, and spatial data visualization for various industrial sectors.
Social
XFacebook
Email ID
*****@mapmyindia.com
Phone Number
+91 **********
Registered Address
FIRST,SECOND & THIRD FLOOR,PLOT NO.237 OKHLA INDUSTRIAL ESTATE,PHASE-III, NEW, DELHI, South Delhi, NEW DELHI, Delhi, India, 110020
Key Metrics
Founded Year
1995
Location
Delhi, India
Stage
Public
Total Funding
$45.3M in 6 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
401 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

MapmyIndia's IPO details

MapmyIndia got listed on Dec 21, 2021.
Click here to take a look at MapmyIndia's IPO in detail
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MapmyIndia's funding and investors

MapmyIndia has raised a total funding of $45.3M over 6 rounds. Its first funding round was on Jul 24, 2000. Its latest funding round was a Series D round on Nov 02, 2015 for $*****. 1 investor participated in its latest round. MapmyIndia has 14 institutional investors and 89 angel investors.

Here is the list of recent funding rounds of MapmyIndia:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 02, 2015
5454619
Series D
9090666
2819361
4048990
3297246
Jul 21, 2011
6435499
Series D
4639096
4096092
6871923
3002428
Dec 22, 2008
5888712
Series C
4069866
4564445
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MapmyIndia's founders and board of directors

Founder? Claim Profile
The founders of MapmyIndia are Rakesh Kumar Verma and Ravi Malviya. Rakesh Kumar Verma and Rohan Verma are the CEOs of MapmyIndia.
Here are the details of MapmyIndia's key team members:

MapmyIndia's Board of Directors

MapmyIndia's board has 9 active members. Rohan Verma, Rakesh Kumar Verma and Rashmi Verma are part of team and Rakhi Prasad, Rajagopalan Sundar, Ranjan Kumar Mohapatra, Anil Mahajan, Shambhu Singh and Tina Trikha are independent board members.
Here is the list of MapmyIndia's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 10m
d{lqoki
Team
-
Current
9y 8m
sdkmajc
Team
-
Current
4y 7m
Independent board member
-
Current
5y 10m
qtsknat
Independent board member
-
Current
2y 4m
pxbrjza
Independent board member
-
Current
6y 5m
{xkwyzm
Independent board member
-
Current
8y 6m
yzaz{vw
Independent board member
-
Current
6y 4m
ihuesux
Independent board member
-
Current
6y 4m

MapmyIndia's employee count trend

MapmyIndia has 401 employees as of May 26. The total employee count is 2.0% lower than what it was in May 25. Here is MapmyIndia's employee count trend over the years:
Employee count trend for MapmyIndia
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MapmyIndia's Competitors and alternates

Top competitors of MapmyIndia include Waze, HERE and onXmaps. Here is the list of Top 10 competitors of MapmyIndia, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Waze
Waze
2007, Tel Aviv (Israel), Acquired
App-based navigation platform offering real-time, community-powered traffic updates
$67M
80/100
2nd
Logo for MapmyIndia
MapmyIndia
1995, Delhi (India), Public
Developer of digital mapping software and location based tracking hardware
$45.3M
72/100
3rd
Logo for HERE
HERE
1985, Eindhoven (Netherlands), Acquired
Developer of a unified map delivering location data and related services
-
71/100
4th
Logo for onXmaps
onXmaps
2009, Missoula (United States), Series B
Provider of online maps related to land ownership
$108M
70/100
5th
Logo for NeoGeo
NeoGeo
2019, Gurugram (India), Series A
Provider of technology-oriented geospatial services
$21.6M
68/100
6th
Logo for Hexagon
Hexagon
1975, Stockholm (Sweden), Public
Provider of digital reality solutions combining measurement, positioning, and autonomous technologies
-
66/100
7th
Logo for 2GIS
2GIS
1999, Moscow (Russia), Series A
Provider of local discovery mobile app offering city information service
-
61/100
8th
Logo for MapQuest
MapQuest
1996, Lancaster (United Kingdom), Acquired
Travel blog and Driving Directions - Map
-
59/100
9th
Logo for Mappls
Mappls
1992, Delhi (India), Funding Raised
Online map
-
59/100
10th
Logo for Amap
Amap
Beijing (China), Funding Raised
Provider of digital mapping navigation and location based technology services
-
57/100
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Financials of MapmyIndiaFY 25 Available

C.E. INFO SYSTEMS LIMITED, the legal entity associated with MapmyIndia, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of C.E. INFO SYSTEMS LIMITED has a compounded annual growth rate (CAGR) of 23% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
8083
3034
2688
1627
4746
Total Sales
3018
6101
4899
7377
3223
Total Expenses
2496
4224
1583
2893
8284
Operating Expenses
2646
5914
1450
8391
1533
Employee Expenses
3637
3279
7463
5730
2291
Marketing Expenses
5295
7683
9295
6668
7180
Operating Income (EBIT)
5062
4640
4046
8291
4422
Interest Expenses
2594
1980
2564
4173
8802
Expenses from other activities
6604
8721
1433
7311
3711
Information Technology Expenses
7388
2578
3792
5038
5286
EBITDA
6871
3219
9006
3141
3466
Taxes
7575
9635
3476
1192
8010
Net Profit
5388
5065
9210
8269
5153
Balance Sheet
Assets
4757
7666
8058
8805
8768
Cash Equivalent
2866
6815
7599
7474
2358
Accounts Receivables
1259
8847
9876
6639
2634
Inventory
8473
6441
3584
1166
2296
Liabilities
1281
5701
4177
2149
5353
Total Debt
5663
6357
8511
6680
4126
Accounts Payable
4851
1670
8131
6130
7279
Equities
1993
2400
4570
7453
2218
Cashflow Statement
Cash from Operating activities
6244
2955
7943
3519
3047
Cash from Investing activities
2748
2504
6656
1914
8709
Net cash from Financing activities
4542
6623
3042
5773
9063

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
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  • Audited Financial Statement (AOC-4), Shareholding Pattern

MapmyIndia's Latest cap tables and shareholding

Founders own 27.23%, Funds own 7.27%, Enterprises (largest shareholder) own 46.28% and Other People own 3.87%. The net worth of MapmyIndia's founders is INR 509Cr as of Nov 02, 2015. The cap table displayed below is for C.E. INFO SYSTEMS LIMITED which is the legal entity associated with MapmyIndia.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
27.23%
509Cr
7445233
3171081
6008514
8094670
4715905
4589989
9284996
2427652
9381842
3490170
Fund
7.27%
136Cr
3966644
9959124
4740206
4352168
7612017
4773203
8150243
3257121
6688868
9318013
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
46.28%
864Cr
1667576
3496388
7004063
9297961
Other People
3.87%
72.4Cr
310
931
935
810
ESOP Pool
15.35%
287Cr
5455738
8604956
1011807
6548932
Total
100.00%
1,870Cr
2910549
9713934
2974265
8761745
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

MapmyIndia's Investments and acquisitions

MapmyIndia has made 17 investments in companies including Iwayplus and SimDaaS Autonomy.. MapmyIndia has also acquired 2 companies including Gtropy and VidTeq.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 12, 2026
Investments
2007
Chennai (India)
Jan 27, 2025
Investments
2023
Kanpur (India)
Sep 05, 2023
Investments
2016
Bengaluru (India)
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Reports related to MapmyIndia

Here is the latest report on MapmyIndia's sector:

News related to MapmyIndia

lockFilter this list
Media has covered MapmyIndia for a total of 27 events in the last 1 year, 7 of them have been about company updates and 6 about partnerships.
•
Bolt.Earth Partners with MapmyIndia for EV ChargingPassionateinmarketing•Jun 24, 2026•Bolt.Earth, MapmyIndia
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FAQs about MapmyIndia

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