C.E. Info Systems Limited, operating as MapmyIndia, has been awarded a contract by the Survey of India (SoI), Government of India, to develop a National Geo-Spatial Platform, the company disclosed to stock exchanges today.
The project, described as first-of-its-kind in India, will be based on indigenous technologies developed by MapmyIndia. The platform is designed to serve as a unified digital infrastructure for aggregating, harmonizing, and disseminating authentic and accurate foundational geospatial data and services across the country.
According to the regulatory filing submitted to BSE Limited and the National Stock Exchange of India, the National Geo-Spatial Platform will support governance, research, industry, and citizen-centric applications. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
MapmyIndia confirmed that the contract represents a domestic transaction with no involvement from international entities. The company stated that its promoters, promoter group, or group companies have no interest in the awarding entity, and the transaction does not fall within the scope of related party transactions.
The filing, signed by Company Secretary and Compliance Officer Saurabh Surendra Somani, did not disclose the financial size of the contract or the execution timeline.
C.E. Info Systems Limited, operating as MapmyIndia, is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies. The company was founded in 1995 by Rakesh and Rashmi Verma and is headquartered in New Delhi with regional offices in Mumbai and Bengaluru, as well as smaller offices across India. The company also maintains international offices in the San Francisco Bay Area and Tokyo.
MapmyIndia launched the first Indian interactive digital mapping portal in 2004, providing free, customized, location-based services including assigning an e-location to existing addresses to enable last-mile deliveries. The company has developed various products over the years, including GPS navigation services, voice-navigation applications supporting multiple Indian languages, and mapping solutions integrated with satellite imagery.
The company offers a comprehensive suite of mapping, location and IoT solutions, providing bespoke end-to-end technology solutions for enterprises, automotive manufacturers, and government entities. MapmyIndia has built a comprehensive stack of mapping and location APIs and SDKs to help developers integrate features and functionalities of its map, geospatial and IoT products. Over 5000 enterprises and leading brands rely on MapmyIndia's services.