CE Infosystem offers today yhe largest coverage of map data in India. The company currently powers applications such as Yahoo Maps India; SatNav Technologies’ navigation devices (read here our interview whit CEO Amit Prasad); Wayfinder which recently launched its application with Airtel (see here) as well as its own website MapMyIndia.com.
Navteq has recently announced it first Indian map product with a coverage of the six main cities (read here), but its coverage has yet to improve to offer a real alternative to CE Infosystem. Same thing for Tele Atlas: “Currently, our Tele Atlas Connect product provides coverage in India, primarily for major roads and features basic mapping and routing functionalities", said Reinhard Beschel, global product director.
The recent announcement of the transaction between TomTom and Tele Atlas put the spotlight on the value of map data providers as key enablers of the “location aware” applications market. This new round of funding highlights the interest of venture capitalist firms in this area too.
Source: ContentSutra via All Points Blog