MapmyIndia Acquires Bengaluru Based VIDTEQ To Build 3D and 360 Degree Map
Digital mapping firm MapmyIndia today said it has acquired Bengaluru-based VIDTEQ for an undisclosed amount. MapmyIndia is leading player in the area of digital map data and APIs, GPS navigation, tracking, location apps, and GIS solutions.
“The MapmyIndia and VIDTEQ teams are excited to build the future of maps and location technologies together, that can make our world better,” MapmyIndia CTO Rohan Verma said in a statement.
Founded by Chandra Thimmannagari and Navada Muraleedhara in May 2008, VIDTEQ offers a video map technology that allows users to view a video clip of the complete route from any source to the destination within a city. It already covers over 20 Indian cities. Besides, MapmyIndia announced a slew of partnerships. Under the collaboration with Reverie Language Techn...