MapmyIndia, LetsVenture partner to encourage startups with best-in-class maps, location technologies

MapmyIndia, LetsVenture partner to encourage startups with best-in-class maps, location technologies

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Mapmylndia
Mapmylndia and LetsVenture have announced their partnership to encourage startups and developers in India to leverage Mapmylndia’s map and location technology stack to solve problems for Indian and global markets, and to get the opportunity to pitch for investments from leading angels and institutions that are part of the LetsVenture platform.

US: Mapmylndia and LetsVenture have announced their partnership to encourage startups and developers in India to leverage Mapmylndia’s map and location technology stack to solve problems for Indian and global markets, and to get the opportunity to pitch for investments from leading angels and institutions that are part of the LetsVenture platform. This was announced on the sidelines of Letslgnite, India‘s largest angel investor conference being held in Bengaluru.

Enterprises, startups and developers can develop the best solutions and build the most profitable and impactful enterprises by infusing rich and valuable location intelligence from the Mapmylndia Stack into their own apps, loT devices, solutions, systems and workflows by integrating.

The Mapmylndia Stack is India‘s best and most powerful set of digital map data, APIs, professional services and customized solutions covering maps, navigation, tracking and location analytics and includes the latest innovations from Mapmylndia such as eLoc, India‘s first nation-wide digital address system which is essentially a 6 character code for every doorstep/place across India.

As part of this latest partnership, LetsVenture will support shortlisted Appmylndia developers and startups building on the Mapmylndia Stack to showcase their products to global investment community. LetsVenture will also provide pitch review for the shortlisted start-ups that are ready to raise funding and work with them during the deal syndication process.

This partnership will accelerate Mapmylndia’s goal of empowering the entire Indian startup ecosystem through its Appmylndia platform, wherein developers & startups can get access to Mapmylndia’s API and solution stack to make powerful apps, submit innovative & radical ideas, evangelize location technology through creative ads, and submit research proposals for prizes up to Rs. 10 lacs, as well as go-to-market support for key enterprise engagements and mass consumer distribution. (To know more & participate, please visit www.appmyindia.com).

The Appmylndia developer community is already 10,000 strong. Increasing numbers of startups, developers and technology companies and public sector are building powerful apps, loT devices, SaaS solutions and enterprise systems which have real world transformational impact, are better in quality and capability, and which result in much better profitability, due to the accuracy, detail, comprehensiveness and quality of Mapmylndia’s stack of maps and location technologies.

This stack has been built over 20 years, through 750 mapping and surveying experts, by deploying Rs 200 crore of capital investments, and using cutting-edge equipment and technologies. (Read more about the Mapmylndia Stack of APIs at https://mapmyindia.com/api and solutions at https://mapmyindia.com).

Core to the Mapmylndia Stack and what will drive the next set of transformational innovations for a Digital India is eLoc, India‘s first nationwide digital address system, which has transformational potential in the private and public sector akin to Aadhaar and the India Stack.

The simple and powerful 6 character eLoc code (e.g. https://eloc.me/MMI000) for every doorstep enables seamless and efficient doorstep navigation, deliveries, dropoffs/pickups, and household level e-governance never before seen or possible in India or the world leading to better and smarter businesses, governments, consumers and cars/computing devices.

Mapmylndia has professionally mapped 2 crore+ eLocs and this number is growing fast, so users can simply get and start using/enjoying benefits of their eLoc by searching their address/business/name of place at https://eloc.me. Developers, startups and organisations can integrate eLoc into their address input flows and the Mapmylndia Stack for all their map and location needs by following the instructions at https://mapmyindia.com/eloc.

“India and the startup ecosystem is at an inflection point. Poised for significant growth in the coming decade, but facing the growing pains of a young nation as well as fledgling startup and venture ecosystem. Without strong technology, marketing, capital and ecosystem investments, the promise of India and the startup ecosystem may not reach its full potential.