MapMyIndia - Indigenous Play On The Geospatial Vertical: Anand Rathi Initiates Coverage

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.C.E. Info Systems Ltd. (MapMyIndia) is the leading digital mapping operator in India. Its business-to-business and business-to-business-to-consumer focus makes it less visible versus B2C focussed Google map. Yet, we feel that the revenue model based on fees charged per period (on per vehicle, per asset, per transaction, per use case, per user) is superior to Google (only advertisement based). In the context of business in India, MapMyIndia has clear advantages, not easily replicable, and which prove to be high barriers to enter the map and navigation business in India. Its diverse use of maps across a variety of platforms, products and applications is much more than those of its peers (because of this ~90% of its larger customers generating more than ~80% of revenue have been retained over the years)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

MapMyIndia - Indigenous Play On The Geospatial Vertical: Anand Rathi Initiates Coverage

MapMyIndia - Indigenous Play On The Geospatial Vertical: Anand Rathi Initiates Coverage

Choose a plan