MapmyIndia

MapmyIndia’s EBITDA margin improved to 46%, marking a significant increase from the previous year’s 42.1%.

MapmyIndia aims to surpass 1,000 crore rupees (US$115.51 million) in revenue by FY27-FY28.

SimDaas Autonomy specializes in simulation technologies for autonomous systems and advanced driver-assistance systems (ADAS).

MapmyIndia hints at plans for overseas expansion.

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MapmyIndia is hoping to win the country’s US$8 billion market for digital maps and location-based services.

Also, MapmyIndia is getting bids from Goldman Sachs, Morgan Stanley, and others, as anchor investors are set to officially make offers on Wednesday.

The potential public listing may also push the valuation of MapmyIndia to about US$825 million, according to a Bloomberg report.

Ola makes a partnership on mapping tech for better location accuracy and shorter arrival times for its cars.

MapmyIndia’s navigation system will piggy-back on the latest in-car entertainment system manufactured by Japanese giant Pioneer