Posts Tagged: Flipkart

Rohan Verma discusses Flipkart’s strategic & minority stake in MapmyIndia

Executive Director of MapmyIndia, Rohan Verma, discusses Flipkart’s minority and strategic stake in MapmyIndia with Manvi Sinha Dhillon of NDTV Profit.

What this news means is that Flipkart has engaged with MapmyIndia in two ways. First off, their minority investment has led to a successful exit of MapmyIndia’s early venture capital investors. But secondly, Flipkart has also licensed MapmyIndia’s Advanced Maps, the largest and most accurate data set for India, to strengthen the supply chain and logistics areas of their business.

 

Flipkart licenses Map Data and acquires a strategic minority stake in MapmyIndia, and the world is abuzz.

"Flipkart Maps a New Route with 34% Pie in MapmyIndia", The Economic Times - December 4, 2015

“Flipkart Maps a New Route with 34% Pie in MapmyIndia”, The Economic Times – December 4, 2015

"Flipkart buys minority stake in MapmyIndia", The Times of India - December 4, 2015

“Flipkart buys minority stake in MapmyIndia”, The Times of India – December 4, 2015

"Flipkart buys stake in MapmyIndia", Hindustan Times - 4 December 2015

“Flipkart buys stake in MapmyIndia”, Hindustan Times – 4 December 2015

"Flipkart picks up stake in MapmyIndia", Mint - December 4, 2015

“Flipkart picks up stake in MapmyIndia”, Mint – December 4, 2015

"Flipkart Takes Stake in MapmyIndia", The Hindu Business Line - December 4, 2015

“Flipkart Takes Stake in MapmyIndia” The Hindu Business Line – December 4, 2015