May 23, 2017 8:03 AM 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

Aeris, MapmyIndia Forge Partnership to Tap Internet of Things Market in India

Aeris said it has formed a partnership with MapmyIndia to jointly address the market by offering geo-spatial intelligence-based IoT solutions in India. With this breakthrough alliance, both companies said they have decided to pursue opportunities jointly by developing solutions and offering services leveraging their respective areas of core competence. The landmark agreement will redefine the contours of the overall IoT solutions market while addressing business challenges such as ubiquitous tracking through connectivity leading to truly IoT-led businesses change. Grounded on the mutual strengths of both the companies, the combination will create solutions that will transform specific aspects of how businesses and employees work using IoT, allowing companies to achieve newer levels of efficiency, effectiveness and customer satisfaction.

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."

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 17, 2017
VidTeq (India) Private Limited
Private Placement
May 27, 2016
Visit Internet Services Pvt. Ltd.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CE Info Systems Pvt. Ltd., please visit www.mapmyindia.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.