Page 2 - Mapmyindia

Indian start-ups distance themselves from IAMAI, call it 'pro-Big Tech'

Say the association is led by executives of tech majors and favours these firms

IAMAI promoting anti-Indian, pro-foreign Big Tech views: MayMy India CEO

Rohan Verma, CEO & Executive Director, MapmyIndia, on Monday slammed the Internet and Mobile Association of India (IAMAI) for parroting and promoting views that are "anti-Indian and pro-foreign Big Tech".

MapMyIndia reports PAT up 23% to Rs 108 cr, reaches over 850 customers

The company said its annual expenses increased 41 per cent to Rs 176.24 crore, from Rs 124.66 crore in FY22

Digital firm MapmyIndia's profit up 23% at Rs 107 crore in FY23

Company says it embedded 1.9 million vehicles with mobility solutions app in FY23

Stocks to Watch: M&M, Reliance, Sapphire Foods, CE Info, BEL, Hind Zinc

Stocks to Watch: M&M has entered into an asset transfer agreement for certain identified assets related to four-wheeler passenger electric vehicles with Mahindra Electric Automobile

MapmyIndia invests in drone firm Indrones to expand customer offering

Geospatial software company buys 20% stake in start-up that has developed technologies for data collection

MapmyIndia slips 4% to hit lowest level since listing; nears issue price

With today's decline, it has tanked 45 per cent from its 52-week high of Rs 1,918.35 touched on January 17, 2022

MapMyIndia net profit up 18% at Rs 24 crore in April-June quarter

Digital map company CE Info Systems, which operates under MapMyIndia brand name, posted nearly 18% increase in its consolidated profit at Rs 24.2 crore in the April-June quarter of FY23.

Google's anti-competitive activities harm Indian consumers: MapMyIndia CEO

Google's anti-competitive activities are harming Indian consumers and the economy by stifling "swadeshi" (indigenous) competitors, a top official of home-grown navigation firm MapMyIndia said. The Competition Commission of India (CCI) in October slapped a steep penalty of Rs 1,337.76 crore on internet giant Google for abusing its dominant position in multiple markets in relation to Android mobile devices and ordered the internet major to cease and desist from various unfair business practices. Google has approached the appellate tribunal NCLAT to challenge the CCI order on unfair business practices in the Android mobile device ecosystem, alleging that the decision presents a major setback for its Indian users and businesses, who trust Android's security features and potentially raises the cost of mobile devices. "It is common knowledge in industry, government, regulators and those who have studied the matter in detail that Google is an anti-competitive monopoly that perpetuates its

MapMyIndia launches 360 degree panaromic street view 'Mappls RealView'

MapmyIndia has already made live a part of its repository - covering nearly 100,000 kilometres across hundreds of cities and highways for free for consumers

MapmyIndia to acquire 9.9 pc stake in geospatial company Pupilmesh

Digital maps company CE Infosystem, which operates under the MapmyIndia brand, said it will acquire 9.9 per cent stake in geospatial company Pupilmesh Private Limited for about Rs 49 lakh.

MapmyIndia declines since listing gains; Q3 net profits, revenue fall YoY

Shares of MapmyIndia haven't been able to keep its strong bull run and have fallen around 15 per cent since its bumper listing on the exchanges.

MapmyIndia slips 11%, hits record low post December quarter results

The company's consolidated net profit declined 14 per cent YoY to Rs 18.52 crore in Q3FY22.

MapmyIndia consolidated PAT declines 14% to Rs 18 crore in Q3

The company had registered a consolidated PAT of Rs 21.59 crore in the same period a year ago

Market wrap: Sensex crashes 1,546 pts, Nifty below 17,150 amid Fed suspense

Broader markets worst hit, BSE SmallCap index slips over 4%; BSE IPO index plunges 7% as Zomato, Nykaa tank up to 20%

BSE IPO index plunges 8% as Zomato, Nykaa, MapMyIndia tank up to 20%

Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.

Metro Brands, MapmyIndia stocks shrug off anchor selling to set new highs

Analysts said the allotment made to anchor investors by these two companies was relatively low which helped prevent any intensive selling pressure

MapmyIndia scales a record high, up 10%; stock surges 22% in last 2 days

With the last two-day rally, the stock now trades at a whopping 72 per cent premium over its issue price of Rs 1,033 per share.

MapmyIndia makes stellar market debut, lists with 53% premium

Capitalises on its early-mover advantage with a suite of offers

Husband-and-wife team worth Rs 4,400 cr after MapmyIndia's market debut

Rakesh, 71, and Rashmi, 65, started their company in the mid-1990s, when businesses had little interest in buying mapping data