New Delhi, India, October 9, 2014: MapmyIndia, India’s player in premium quality map data, Car GPS Navigation, GPS Vehicle Tracking, GIS Enterprise Solutions and Location Aware Web and Mobile Applications is India’s 5th fastest growing Midsized IT & ITES Company. It ranks 28th overall amongst the Indian Midsized companies across categories. Additionally, the Inc Hall of Fame 2014 certificate was presented to Rakesh Verma, Managing Director, MapmyIndia at a recently held ceremony in the capital, graced by the special invitee Satya Nadella, CEO, Microsoft Inc.
The Inc Hall of Fame 2014 certificate recognizes the entrepreneurial zeal, growth and excellence in the best-performing mid-sized Enterprises in India, who have achieved scale and growth by adopting innovative strategies to surpass environmental & internal challenges. These companies have been trailblazers and drivers of innovation and growth.
“This is a great honor for all of us at MapmyIndia, I receive this humbly as a representative of a team that is innovation driven and whose dogged pursuit for excellence has taken MapmyIndia to heights few Indian companies have achieved. With this recognition we have reached a milestone but it will continue to remind that the bar has been raised for us. We must strive to be better at what we do and double up our efforts to live up to this reputation,” says Rakesh Verma, MD of MapmyIndia.
The company has demonstrated strong growth for the past 5-6 years. The YoY growth rate has been over 100%. MapmyIndia has been at the forefront of providing best-in-class GPS navigation & tracking and GIS-based enterprise solutions across various platforms to individuals and corporates. MapmyIndia maps offer high quality and accurate data that has been well accepted by leading automotive, FMCG, Ecommerce, and mobile (service & handset) companies.
On the consumer side MapmyIndia has been consistently launching products and applications. The MapmyIndia brand enjoys strong equity amongst Indian consumers. The recently launched MapmyIndia NaviMaps (Android and iOS) is high on both innovation and utility. For the first time the Indian consumers are getting house address level data on their mobile phone which is voice guided in 10 Indian languages along with international maps of Nepal, Sri Lanka and Bangladesh. The app offers a dynamic traffic update, 3D views and much more. MapmyIndia’s SNT (Social, Navigation and Tracking) suite of mobile apps like Explore, ReachMe, Locate and MapmyIndia Maps on Mobile are very popular. Leading companies have launched products/services using these apps as USPs.