MapMyIndia’s 9M FY23 revenue grew 45.7% y/y (org. 23.4%) to Rs2.1bn. Its A&M business (bringing 53.8% to revenue) grew 51.1% y/y, and its C&E business (46.2%) grew 40.1% y/y. The 9M EBITDA margin was ...
C.E. Info Systems Ltd (MapmyIndia), which enjoys 80 per cent market share in auto OEM navigation software, saw its shares soaring 37 per cent in just two sessions, following an initiation report by ...
The company’s shares opened today's trading at INR 2,547, marking a more than 6% increase from the previous close, before hitting the new peak Goldman Sachs initiated its coverage of MapmyIndia with a ...
Goldman Sachs has set a price target of INR 2,800 on the stock, which implies an upside of almost 40% to MapmyIndia’s close on Wednesday The startup is well-poised to benefit from an early leadership ...
Digital mapping company MapmyIndia is banking on growth in its analytics business and its overseas expansion efforts to achieve ₹1,000 crore in revenue by 2027. However, the company might face ...
New Delhi, Oct 21 () Home-grown digital mapping firm MapmyIndia is looking at a 30 per cent growth in its revenue at around Rs 250 crore this fiscal on account of new integrated maps and other product ...
The shares of C.E. Info Systems Limited were trading at ₹1,776.40 up by ₹24.60 or 1.40 per cent on the NSE today at 12.45 pm. MapmyIndia reported a 19.8 per cent year-on-year revenue growth to ₹121.6 ...
MMI is the leading digital mapping operator in India. Its B2B and B2B2C focus makes it less visible vs B2C focussed Google map. Yet, we feel that the revenue model based on fees charged per period (on ...
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