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MapmyIndia secures ₹110 crore government tracking project
Business
MapmyIndia just scored big with two government projects—most notably a ₹110 crore deal to track 23,000 LPG trucks for Indian Oil across 150 locations.
They're also teaming up with the Survey of India on a national geo-spatial data platform, expanding their footprint in the public sector.
Verma on revenue growth and future targets
The new tracking system uses geofencing and smart route planning to make deliveries safer and more efficient.
On the business side, MapmyIndia's revenue grew nearly 15% in the first half of FY2026, hitting ₹235.4 crore.
Chairman Rakesh Verma stated that these government partnerships align with the sector's target of achieving ₹1 lakh crore revenue by 2030.