July 25, 2016 6:58 PM ET

Communications Equipment

Company Overview of CE Info Systems Pvt. Ltd.

Company Overview

CE Info Systems Pvt. Ltd. builds and provides digital map data, location-based enterprise solutions, consumer applications, and GPS-based IoT devices to consumers, enterprises, automotive original equipment manufacturers, and government agencies in India. It offers GPS devices, including navigation and entertainment systems for cars; personal and portable navigation devices; SafeMate, a personal GPS safety device for women, children, and families; DriveMate, a plug and play device that allows users to be connected to their cars; and tracking devices for vehicles. The company also offers maps for mobiles, a 3D GPS navigation application, map updates and upgrades, and map books and guides; and...

68, Okhla Industrial Estate

Phase 3

New Delhi,  110020

India

Founded in 1992

Phone:

91 11 4600 9900

Key Executives for CE Info Systems Pvt. Ltd.

Co-Founder, Managing Director and Director
Co-Founder and Director
Executive Director
Age: 39
Executive Director
Age: 29
Head - Marketing & Communications
Compensation as of Fiscal Year 2016.

CE Info Systems Pvt. Ltd. Key Developments

Flipkart In Talks To Invest In Four Firms

Flipkart Ltd is in talks to invest in four firms including MapmyIndia as the company seeks to improve its supply chain efficiency, three people familiar with the matter said.

Flipkart In Talks To Acquire Stake In CE Info System

Flipkart Online Services Pvt. Ltd. is in talks to acquire a majority stake in CE Info System Pvt. Ltd. for INR 4 to 5 billion, according to people close to the development. The deal will provide an exit for venture capital investors, however the promoters can retain some stake. Rakesh Verma, Chief executive Officer and founder of CE Info System said: "The financial investors have around 25% stake and it is correct they are looking at an exit. We are an independent company and will remain independent."

MapmyIndia to Add Tracking & Other Features to Avis' Rental Cars

MapmyIndia has tied-up with Avis Car Rental to implement its Integrated Dispatch Solution in all of Avis' cars. According to the company, the solution will allow Avis to offer better customer experience and security, while increasing Avis' operational efficiency. The solution will equip all Avis cabs with Android tablets connected back to Avis servers. The platform supports features like geofencing, live positioning, alert reports about movement, undue stoppage, billing etc, vehicle status including free, stopped, moving or occupied and historical data replay. All details are then communicated back to Avis servers. All drivers of chauffeur driven cars will also be provided with tablets. This enables drivers to login to Avis and fetch trip details, view assigned jobs and accept or reject them, update status on pick-up or drop-off and automatically calculate the best route using GPS. The solution claims it will also monitor driver behaviour, ride quality, booking and security.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 27, 2016
Visit Internet Services Pvt. Ltd.
Merger/Acquisition
December 3, 2015
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