News coverage December 5, 2017 | 6 min read

MapmyIndia was featured in Sunday Times on 3rd December 2017

Revolutionary Entrepreneurship & Importance of Building Valued Products

Delhi: With the progressive digital mapping and location technology that allows navigation with ease in this current age has been possible because of a transformations like that by MapmyIndia- (Make in India Company) founded long before people even knew about internet.
Prior to the time mobile phones made maps ubiquitous, the company founders; Mr. Rakesh Verma and Mrs. Rashmi Verma realized the importance of upcoming need for digital maps and took a bet on the emerging internet space in early 1990s.

Working to develop the products along with understanding the need to be able to work on low profits at the initial business growth stage, the company invested in employees and technology. This crucial practice thereby led to building strong partnerships and loyal investor relationships. The company has evolved and expanded the business rapidly by following core values and practice of creating valued products, by the adhering to build well-organized intellectual property database.
Now, with large contracts with automotive, E-commerce and government entities providing steady revenue and profit. MapmyIndia brings about new products and solutions constantly. The company is at this point is also working on a digital address for everyone and have partnered with the income tax and postal departments.
As stated by MapmyIndia’s MD & Founder Mr. Verma, the practice of building a long-term product which is valuable to the people helps in staying in the sustainable business for a long period of time, especially by entering a business where there are entry barriers for others.

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