MapMyIndia has just sent a legal notice to Ola electric. MapMyIndia provided navigation services for Ola's S1 pro electric scooter and they had a 2021 agreement on this that strictly forbid copying or reverse engineering any of MapMyIndia's data. But now CE info systems the parent company of MapMyIndia clams that Ola's new mapping service Ola maps is copying their mapping data for their own commercial gain and also accused Ola of duplicating their APIs and SDKs, thus violating the 2021 agreement. In their defence Ola maps has claimed that they have developed their Ola maps solely through open source data and also denying all the allegations, stating they are false and misleading. And this is very sensitive time for Ola as they are just hours away from their IPO. What do you think will be the impact of this on their IPO on 2nd August?
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