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