New Delhi-based MapmyIndia, a leading provider of digital maps, geospatial software, and GPS solutions, has increased its stake in Gtropy Systems, a fleet management and telematics company, to 96%.
MapmyIndia, also listed as CE Info Systems Ltd, has been strategically expanding in the logistics and transportation technology space. By almost fully acquiring Gtropy, the company aims to strengthen its offerings in connected vehicles, IoT, and fleet tracking solutions.
Gtropy Systems specialises in fleet management software, GPS-based tracking, and IoT-driven telematics solutions. The company helps businesses manage logistics operations more efficiently by providing real-time tracking, driver behaviour analytics, and route optimisation tools.
Industry experts believe that this acquisition will give MapmyIndia a stronger position in India’s smart mobility and logistics technology market, which is witnessing rapid adoption due to the rise of e-commerce, last-mile delivery, and EV adoption.
With this move, MapmyIndia is expected to integrate Gtropy’s technologies into its existing Map, SaaS, and IoT platforms, offering a more comprehensive suite of solutions to enterprises, fleet owners, and logistics providers.
Summary Table
Detail | Information |
---|---|
Company | MapmyIndia (CE Info Systems Ltd) |
Location | New Delhi, India |
Stake Acquired | 96% in Gtropy Systems |
Industry | Digital Maps, Telematics, Fleet Management |
Purpose | Strengthen smart mobility, logistics, IoT, and fleet tracking solutions |
Gtropy Systems Expertise | Fleet management, telematics, GPS tracking, IoT |
Strategic Impact | Expands MapmyIndia’s SaaS and IoT offerings in the logistics and mobility sector |