CALCULATE YOUR SIP RETURNS

MapmyIndia and Qualcomm Partner to Advance Automotive Solutions in India

Written by: Team Angel OneUpdated on: Jan 17, 2025, 4:14 PM IST
MapmyIndia and Qualcomm have partnered to develop cost-effective and advanced automotive solutions for Indian automakers.
MapmyIndia and Qualcomm Partner to Advance Automotive Solutions in India
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Digital maps and deep-tech company MapmyIndia has collaborated with Qualcomm Technologies Inc. to drive the development of advanced automotive solutions under the ‘Make in India’ initiative. This partnership seeks to revolutionise vehicle connectivity, improve safety, and make high-quality telematics accessible to Indian automakers.

Enhancing Connectivity and Safety

The collaboration leverages Qualcomm’s Snapdragon Auto Connectivity Platform to develop cost-effective telematics solutions tailored for Indian vehicles, including two-wheelers and four-wheelers. This initiative aims to bring high-quality connectivity to mid-tier and low-tier vehicles, ensuring broader accessibility for the mass market. The focus on enhancing safety and convenience is central to this partnership.

Unified Platform for Automotive Solutions

MapmyIndia will integrate Snapdragon Car-to-Cloud services with its MAPPLS automotive platform. This unified framework will enable seamless management of devices, data, maps, navigation, and cloud services across various vehicle categories, including commercial vehicles. Advanced APIs and scalable solutions will be utilised to deliver personalised user interactions and elevate the driving experience.

MapmyIndia Share Performance

As of January 17, 2025, the shares of MapmyIndia closed at ₹1,650.00 per share, reflecting a minor decline of 0.036% from its previous day’s closing price. The stock has experienced fluctuations over the recent months, with a decline of 4.68% in its value over the past month. When compared to its performance a year ago, the stock has registered an overall decline of 16.98%. The 52-week high and 52-week low of stock is ₹2,747.85 and ₹1,513.00 per share respectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Jan 17, 2025, 4:14 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers