New Delhi, Jan. 13 -- What happens when digital maps reach the front door and need to go further inside? MapmyIndia appears to have an answer.
India's listed geospatial technology company has acquired a minority stake of around 6% for INR 2 crore in Iwayplus, a Bengaluru-based indoor navigation startup. The move signals MapmyIndia's intent to close a long-standing gap in digital mapping: seamless indoor navigation across complex public and enterprise spaces.
In a regulatory filing, the company said the investment is part of its broader strategy to back emerging technologies while expanding its business portfolio.
While outdoor navigation has become near-ubiquitous, indoor environments remain largely opaque to digital maps. Airports, ho...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.