The order has been received from Hyundai AutoEver Corp., Seoul, Korea. The production will be started in 2024 and the order is to be executed for next 5 years.
C.E. Info Systems is India’s leading advanced digital maps and deep-tech company, popularly known in India as MapmyIndia and globally as Mappls. The company offering proprietary digital maps as a service (MaaS), software as a service (SaaS) and platform as a service (PaaS), including its advanced digital map data, software products, platforms, application programming interfaces (APIs), IoT and solutions to new-age tech companies, large businesses, automotive OEMs, government organisations, developers and consumers.
The company has reported 5% growth in consolidated net profit to Rs 31.1 crore on a 36% increase in revenue from operations to Rs 92 crore in Q3 FY24 as compared with Q3 FY23.