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Tuesday, April 18, 2017

MapmyIndia acquired VIDTEQ

Flipkart backed MapmyIndia has acquired VIDTEQ for an undisclosed amount. VIDTEQ’s VideoMap technology allows users to view the video clip of a route between two locations within a city.

Also read: Microsoft buys startup Deis to boost Cloud

VIDTEQ was founded by Chandra Thimmannagari and Navada Muraleedhara in May 2008. It has also products like Drone View, Map View and 360 Interior/Exterior View. Besides, VIDTEQ owns mapmyhome.com, a portal that lists new real estate projects.

New Delhi-based CE Info Systems Pvt. Ltd runs MapmyIndia which is a GPS navigation and location-based services. Flipkart acquired a minority stake in MapmyIndia in December 2015.

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