Login

News on Medial

MapmyIndia aims for ₹1,000 cr of revenue by FY27 but faces speed bumps galore

LivemintLivemint · 4m
MapmyIndia aims for ₹1,000 cr of revenue by FY27 but faces speed bumps galore

MapmyIndia, a digital mapping company, aims to achieve ₹1,000 crore in revenue by 2027 through its analytics business and its expansion into international markets, particularly Southeast Asia. The company faces challenges from increased competition in both its legacy maps business and its new analytics offering. MapmyIndia's ClarityX, an AI-based data analytics and consulting services company, will leverage MapmyIndia's customer base to provide value-added offerings. Analysts believe that the Internet of Things (IoT) business and deals with automotive original equipment manufacturers will drive future growth. However, MapmyIndia faces competition from auto OEMs and giants like Google Maps and Apple Maps, along with numerous competitors in the analytics space.

4
View Source

Comments

More Like this

No Listing Plans Before Hitting INR 1,500 Cr Revenues: FNP’S Pawan Gadia

No Listing Plans Before Hitting INR 1,500 Cr Revenues: FNP’S Pawan Gadia

The Derma Co aims for INR 1,000 Cr ARR in 3-5 Years: Mamaearth

The Derma Co aims for INR 1,000 Cr ARR in 3-5 Years: Mamaearth

Ola Maps’ Quality Not Up To The Mark, Google’s Pricing Is Inconsistent: MapmyIndia CEO

Ola Maps’ Quality Not Up To The Mark, Google’s Pricing Is Inconsistent: MapmyIndia CEO

The Sleep Company bets big on offline to have ₹1,000 crore in revenue by FY27 | Mint

The Sleep Company bets big on offline to have ₹1,000 crore in revenue by FY27 | Mint

MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25

MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25

RateGain Aims To Double Revenue In Next 3 Years: Bhanu Chopra

RateGain Aims To Double Revenue In Next 3 Years: Bhanu Chopra

AMD to cut 4% of global workforce as it focuses on AI chip development

AMD to cut 4% of global workforce as it focuses on AI chip development

Coforge to acquire Cigniti Technologies' 54% stake at ₹1,415 per share

Coforge to acquire Cigniti Technologies' 54% stake at ₹1,415 per share

Euler Motors enters small commercial vehicle segment

Euler Motors enters small commercial vehicle segment

BharatPe’s revenue crosses Rs 1,000 Cr in FY23

BharatPe’s revenue crosses Rs 1,000 Cr in FY23

Download the medial app to read full posts, comements and news.