MapmyIndia looks to raise Rs 1,200-1,300 crore via IPO

  • Digital mapping product company Mapmyindia is looking to raise Rs 1,200-1,300 crore through an initial public offering.
  • According to news reports, the company posted a net profit of Rs 24 crore on revenue from operations of Rs 149 crore in the year ended March 31, 2020.
  • Data provided by Tracxn show the company’s revenue for fiscal 2019 at Rs 162 crore against Rs 161 crore the previous year.

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