I have never heard of MapMyIndia why is he crying like baby

Product Manager

MapmyIndia CEO Rohan Verma has criticized Olaparent ANI Technologies' claim of developing a navigational map of India, calling it a 'gimmick'.  Verma questioned the financial and technical feasibil...

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- MapmyIndia CEO Rohan Verma has criticized Ola-parent ANI Technologies' claim of developing a navigational map of India, calling it a 'gimmick'.
- Verma questioned the financial and technical feasibility of Ola's map, which is reportedly developed by Geospoc Pvt Ltd, a subsidiary of ANI Technologies.
- He dismissed any business risk from Ola Maps, citing poor quality and user complaints about Ola's updated apps.
- An Ola spokesperson refuted Verma's statements, accusing MapmyIndia of trying to stay relevant by maligning competitors.
- MapmyIndia sent a legal notice to Ola on July 23 for breach of a 2021 licence agreement related to navigation APIs and SDKs. 

 Source: [Economic Times](https://economictimes.indiatimes.com/magazines/panache/anant-and-radhika-ambani-share-a-spiritual-moment-during-a-panama-temple-visit/articleshow/112410072.cms)

MapmyIndia CEO Calls Ola Maps a Gimmick, Questions Quality and Investment

Journalist

MapmyIndia CEO Calls Ola Maps a Gimmick, Questions Quality and Investment- Grapevine

As it says

https://www.business-standard.com/companies/news/mapmyindia-accuses-ola-electric-of-data-theft-for-maps-sends-legal-notice-124072900815_1.html

MapMyIndia has filed a lawsuit against Ola Electric for allegedly stealing company data to create Ola Maps

Welcome to Office Gossip's Private Community

OLA unveiled Ola maps lol. Any idea which maps api they’re using now and calling it their own for marketing purposes?

So which Maps api did they make a wrapper for?

Hardware Engineer

Welcome to Indian Startups's Private Community

This is what happens when you are good at sales but bad at building a decent user experience. 
Remember, Apple Maps? They advertised it so much but it was not as good as GMaps. But eventually apple maps got better. I hope Ola Maps get better user experience in future.

Ola Maps: Review from a rider

Analyst

Welcome to Software Engineers's Private Community

Lately Ola's founder Bhavish has been discontinuing their dependencies on foreign products ranging from their own cloud servers to their own GPT's which people are specualting is just a wrapper over ChatGPT and lately launched their own Ola Maps which is itself a wrapper over OpenStreetMap. 

Will this benefit Indian Companies to compete with the global ones or will it just die down eventually. Ola folks can shed some light on it. 😁

What's your opinion on Ola's nationifacation of their products.

Ola is just doing big cost cutting. If cards played well they can be selling this as an API, cheaper alternatives to the big giants. Not the best but get the job down at a lower price. I am feeling optimistic about this for the only reason is Ola can switch back to the maps or chat gpt anytime they want. They are just building cheaper alternatives not something new.

Software Developer

Goldman Sachs has set a price target of INR 2,800 on MapmyIndia's stock, implying an upside of almost 40% from its close on Wednesday.

Here's why this matters:

1/ Riding the Digital Wave: MapmyIndia isn't just mapping streets; it's mapping India's digital transformation. From smart cities to autonomous vehicles, the company is at the intersection of critical growth sectors.

2/ The Numbers Tell a Story:
- 35% YoY revenue jump to INR 379.4 Cr
- 25% profit growth to INR 134.3 Cr
- Projected 38% revenue CAGR (FY24-FY27)
These aren't just figures; they're proof of a scalable, profitable model in a sector where growth often comes at the cost of profitability.

3/ Beyond Navigation: MapmyIndia's expansion into telematics and government digitization signals a pivot from being a map provider to becoming a critical digital infrastructure player.

4/ The 40% Upside Question: Goldman's target implies MapmyIndia is significantly undervalued. Is the market missing something, or is Goldman overly optimistic?

5/ The Bigger Picture: MapmyIndia's success could be a bellwether for India's broader tech ecosystem, showcasing the potential for homegrown companies to dominate in niche, high-growth sectors.

🍇 for Thought: Goldman Sachs' bullish outlook on MapmyIndia challenges the notion of Google Maps' invincibility in the geospatial landscape. Despite Google's global dominance, MapmyIndia's projected growth suggests there's significant value in localized, specialized mapping solutions, especially in sectors like automotive and government. This highlights the potential for homegrown tech companies to carve out lucrative niches in markets traditionally dominated by global giants. However, MapmyIndia's ability to sustain its growth and fend off competition from both local and international players will be crucial in determining whether it can truly rival Google's influence in India's digital mapping ecosystem. 🗺️🇮🇳

Image Credits: Inc42

Goldman Sachs Sees 40% Upside In MapmyIndia; Stock Hits 20% Upper Circuit

Ola founder said that they used to have 100 Cr bill for Google maps. Does this sound realistic?

What are other options apart from Google maps?

100 Cr Google Maps Bill

Navigating India - The Journey of Ola Maps

https://tech.olakrutrim.com/navigating-india-the-journey-of-ola-maps/

What do you think guys?

OLA maps technical blogs out now!

Software Engineer

Lifesaver by Google Maps

Senior Consultant

This guy gets a lot of shit on linkedin, don’t know him personally so not sure if rightly so or not. 

People in Ola, how’s this whole make tech in india thing working out?

Is this even working? Or just another marketing gimmick?

Ex Ola here. Everything this guy says is sham. Ola is a shit hole. Stay away from anything Ola sells. For data point here's one: they have an employee churn rate of 50% every year (half of the company leaves every year)

Lead Data Scientist

Staff Engineer

https://entrackr.com/2024/07/mapmyindia-accuses-ola-electric-of-copying-data-sends-legal-notice/

Ola model - rip off other’s business model and IP, Then claim as your own

Product Designer

- Krutrim, Ola founder Bhavish Aggarwal's AI startup, announced a new pricing structure for Ola Maps on July 18 to attract developers.
- The new structure includes a free tier allowing up to 5 million API calls per month, covering APIs like autocomplete and reverse geocoding.
- This announcement follows Google's decision to cut Google Maps rates in India by up to 70% starting August 1, 2024, and to accept payments in INR.
- Ola Maps' rates for higher volumes are claimed to be 50% of Google's reduced prices, with additional incentives for long-term commitments.
- Ola is partnering with ONDC to offer three years of free access to Ola Maps APIs for startups and small businesses, boosting innovation in India's digital commerce. 

 Source: Krutrim Blog

MapmyIndia CEO Calls Ola Maps a Gimmick, Questions Quality and Investment

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