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MapmyIndia appoints Rohan Verma as joint MD to lead AI-native deep-tech push

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Date
Company
MapmyIndia
What it does
digital mapping and location technology
Kind
People
Sector
Professional & Local Services

What they do

MapmyIndia, a digital mapping and location technology company, has appointed Rohan Verma as joint managing director to lead its AI-native deep-tech initiatives

What happened

Rohan Verma, who previously served as CEO of MapmyIndia until March 2025, will focus on advancing AI, geospatial intelligence, and IoT technologies to drive…

Why it matters

The company had initially planned to invest ₹10 Lakh for a 10% stake in a new B2C business Rohan was building, but later reversed the decision due to…

The details

  • MapmyIndia, a digital mapping and location technology company, has appointed Rohan Verma as joint managing director for a five-year term starting 1 July 2026, subject to shareholder approval.
  • Rohan Verma will lead the advancement of the company's AI-native deep-tech products and solutions, focusing on geospatial intelligence, the Internet of Things (IoT), and other advanced technologies.
  • Rohan Verma, who previously served as CEO of MapmyIndia until March 2025, has been associated with the company since 2004 and has held various leadership roles.
  • The company had initially planned to invest ₹10 Lakh for a 10% stake in a new B2C business Rohan was building, but later reversed the decision due to investor feedback.
  • Rohan Verma will also be responsible for the company's brand, marketing, and innovation agenda, including identifying emerging technology and market opportunities.

The bigger picture

  • Rohan Verma's appointment comes at a time when MapmyIndia is ramping up its distribution of mapping solutions on both B2C and B2B fronts.
  • The company's APIs and SDKs have been integrated into platforms of quick commerce players like Zepto and Amazon Now, allowing users to view Mappls within the apps.
  • MapmyIndia's net profit for Q4 FY26 rose by 4% to ₹50.9 Cr from ₹49 Cr in the year-ago quarter, with operating revenue rising marginally to ₹145 Cr.

About the business

  • MapmyIndia provides digital maps, geospatial software, and location-based IoT technologies, serving enterprise, government, automotive, mobility, and consumer markets.
  • The company offers a range of products including Map Data, RealView 360° panoramic street images, HD Maps, and Metaverse 4D Maps.
  • MapmyIndia also provides APIs and SDKs for maps, search, routes, and navigation, supporting developers and businesses across 238 nations.
  • The company has a suite of GIS and analytics tools, including AI-enabled geospatial analytics and Vision AI to better understand the real world.
  • MapmyIndia offers IoT and telematics solutions, including the Intouch Platform, Workmate for workforce management, and Navigation and Mobility solutions for automotive and mobility sectors.

What happens next

  • MapmyIndia is expanding its location technology and mapping products across enterprise, government, automotive, mobility, and consumer markets.
  • The company is focusing on AI-native deep-tech products and solutions to address evolving customer and market needs.

The deal

Type
stake-sale

Founders

  • Rohan Verma, Joint Managing Director
  • Rakesh Verma, Chairman and Managing Director
  • Rashmi Verma, Co-founder

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