MapmyIndia Brings Panoramic Street View Experience To Take On Google

Listed location tech company MapmyIndia has launched a panoramic, three-dimensional experience akin to Google Street View. Called the Mappls RealView, the tech will allow users to explore India’s cities similarly to Google’s offering.

According to MapmyIndia’s BSE filing, Mappls RealView covers metropolitan areas and cities such as Greater Mumbai, Bengaluru, Delhi NCR, Pune, Hyderabad, Chennai and Jaipur, among others. Along with that, MapmyIndia claims that Mappls also covers around 100,000 kilometres of highways connecting these cities and towns.

Founded in 1995 by Rakesh and Rashmi Verma, MapmyIndia has mapped more than 6.29 Mn kilometres of road in India, recording almost 18 Mn places to date, according to the company’s website. The company said that Mappls RealView repository contains more than 40 Cr geo-tagged panoramas, videos and panoramas.

MapmyIndia has also launched a metaverse-like experience with Mappls. This features multiple tourist, commercial and residential landmarks across India. The listed startup added that it also uses satellite imagery data from the Indian Space Research Organisation (ISRO) to create a 3D experience.

Rohan Verma, CEO & executive director, MapmyIndia, said “With Mappls RealView, users can virtually explore India like never before and see and interact with full 360-degree panoramas of streets and roads looking out into various tourist, residential and commercial areas of cities and travel destinations as well as highways.”

Explaining how Mappls RealView works, Verma added, “Users can also experience immersive 3D maps for pan India and detailed interactive 3D models of iconic tourist, commercial and residential landmarks across India.” 

Verma added, “This, combined with Mappls’ detailed house-address level 2D maps from MapmyIndia and ISRO’s rich catalogue of satellite imagery and Earth observation data which MapmyIndia has integrated, gives an immersive real-world metaverse experience to users.”

In an earlier conversation with Inc42, Verma said that MapmyIndia has location data of over 8,000 cities and towns in detail in high-definition 2D and 3D. In FY22, MapmyIndia recorded a profit after tax (PAT) of INR 87 Cr, up 45% from the INR 60 Cr it recorded the previous year. 

The location tech company recorded revenue from operations of INR 200 Cr during FY22, up 31% from the INR 153 Cr during FY21. At the same time, its total expenses stood at INR 125 Cr, up 11% from INR 113 Cr in FY21.

According to an investor presentation from MapmyIndia, India’s digital map services market size was expected to rise to $4 Bn by CY25 and India’s mobility navigation solutions and telematics market size was expected to rise to $37.8 Bn by CY25.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.