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Mint
New-Age Tech Stocks | CarTrade Tech emerged as the biggest weekly gainer among new-age stocks, rising over 11 per cent in the last five days, followed by Brainbees Solutions (First Cry) and C.E. Info Systems.
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Sat, Sep 14, 2024
The Economic Times
Why Bhavish Aggarwal, not Google, is making investors of India’s oldest navigation startup edgy
Last month, Bhavish Aggarwal launched Ola Maps, a navigational tool developed in-house. But there is already an Indian company that offers detailed maps and real-time navigation data. What kind of impact should MapmyIndia, one of the few listed, profitable startups in the country, brace for?
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Wed, Aug 21, 2024
Mint
A war of words has erupted between MapmyIndia and Ola over the latter's claims of developing a new navigation map for India. MapmyIndia CEO Rohan Verma has openly questioned the legitimacy of Ola's announcement, calling it a gimmick and raising concerns about its quality and accuracy.
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Mon, Aug 12, 2024
Hindustan Times
MapmyIndia CEO calls Ola Maps a gimmick, warns people: ‘If any Indian…’
MapmyIndia CEO Rohan Verma criticizes Ola's mapping efforts, cites poor product quality and user complaints.
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Mon, Aug 12, 2024
Business Standard
MapmyIndia CEO calls Ola Maps a gimmick, warns people to be cautious
Homegrown digital navigation firm MapmyIndia has questioned claims of Ola-parent ANI Technologies on developing a navigational map of India and called the announcement a "gimmick". In the first interview with PTI after sending a legal notice to Ola Electric, MapmyIndia CEO and Executive Director Rohan Verma questioned Ola's claim that the map has been supplied by a startup Geospoc Pvt Ltd, which was acquired and became a subsidiary of ANI Technologies, based on its financial records as developing a digital navigational map of large country like India requires huge investments and expertise. Verma denied any risk to the company's business due to Ola Maps as its quality is not good. "We don't see a business risk, because we don't see a good product coming from there. People are complaining left, right and centre, about their (Ola) updated cab app, their updated electric vehicle app, that their maps are pathetic and causing users problems. Everybody knows that these are more ...
