Shares of CE Info Systems (MapmyIndia) were trading flat after hitting a day’s high of Rs 1,784.80 on 7th July, following the company’s announcement that it has integrated the MapmyIndia Mappls app with India Post’s DIGIPIN to offer ‘last mile digital address connectivity’.
MapmyIndia said its partnership with India Post will let users generate a unique digital address, called a DIGIPIN, for any location in India. The system aims to be accurate, easy to use, and recognised nationwide.
The company has integrated the DIGIPIN system into its Mappls app, allowing users to create and access verified digital addresses. In return, India Post has also adopted MapmyIndia’s advanced mapping APIs into its systems.
The focus is on precision, privacy, and smooth integration with the Mappls app, the company said.
MapmyIndia’s CMD, Rakesh Verma, called the move a significant step toward an inclusive “Digital Bharat,” helping to give every Indian household and business a digital identity. He added that DIGIPIN, along with Mappls Pin, bridges the physical and digital worlds.
Separately, MapmyIndia recently secured a Rs 233 crore map data licensing deal from an international private-sector client. The project will run for seven years and is for domestic-use mapping.
At 3:30 PM, the shares of CE Info Systems closed 2.30% higher at Rs 1,775.30 on NSE.
Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!
Live