# MapMyIndia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mapmyindia

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.mapmyindia.com
- Total disclosed funding: $34M
- Latest round: Series C (Feb 1, 2009)
- Investors on record: 5

## About

MapMyIndia is a leading provider of digital mapping and location-based services, specializing in high-precision mapping, AI-enabled geospatial analytics, and navigation solutions for diverse industries.Founded in 1995, MapMyIndia operates out of New Delhi, India, focusing on advanced mapping technologies. The company has received a total of USD 140.00 mn in funding, with the latest round being an IPO in December 2021, valuing the company at USD 1.12 billion. The current CEOs are Carlinha Ribeiro, Debanjan Das, and Rohan Verma.MapMyIndia specializes in providing a comprehensive suite of digital mapping and location-based services. Its core offerings include advanced mapping solutions such as high precision 4D maps, 360° panoramic street imagery, and AI-enabled geospatial analytics. These products aim to deliver accurate, reliable location data and facilitate complex routing problems, smart city planning, and field force automation. The company serves a diverse clientele, including over 5,000 enterprises across various sectors such as automotive, logistics, and consumer services, and operates in multiple geographical markets, including India and international markets in Asia, Europe, and North America. Key use cases encompass enhancing navigation capabilities for consumers and businesses, improving fleet management for logistics, and enabling intelligent mobility solutions for electric and shared vehicles.In 2023, MapMyIndia reported a revenue of USD 35.07 mn and an EBITDA of USD 16.93 mn. The revenue model is structured around subscriptions and partnerships with businesses that seek to integrate their mapping and location technologies into their operations. The company generates income through selling its APIs and SDKs, which allow clients to embed mapping features in their applications, and through direct licensing of its flagship products like NaviMaps and the RealView Map Portal. Customers, including major automotive manufacturers and food delivery services, typically enter into agreements that may involve tiered pricing plans based on usage or specific feature sets, thereby facilitating transactions that enhance their operational efficiencies. This transactional framework ensures that clients have access to continuous updates and support, reinforcing the value of the services provided.MapMyIndia aims to launch new products focusing on enhanced mapping solutions and advanced geospatial analytics by the end of 2024. Plans for expansion include targeting markets in Southeast Asia and Europe, with initiatives set to roll out by mid-2025. The recent IPO, which raised USD 140.00 mn, will be utilized to support these initiatives, enhancing product development and market entry strategies.

## Funding rounds

- Series C, Feb 1, 2009, $9M — Kleiner Perkins, Nexus Venture Partners, Qualcomm Ventures, Sherpalo Ventures
- Series B, Aug 1, 2007, $25M — Kleiner Perkins, Nexus Venture Partners, Sherpalo Ventures
- Series A, Apr 19, 2007 — Kleiner Perkins, Sherpalo Ventures, Lightbox Ventures

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C
- Sherpalo Ventures (https://capitalatlas.ai/funds/sherpalo-ventures) — Series A, Series B, Series C
- Lightbox Ventures (https://capitalatlas.ai/funds/lightbox-ventures) — Series A
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series B, Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C