Mapmyindia to help strengthen incubation, innovation at BITS Pilani

Rakesh Verma, India’s original digital map data product maker and the founder of Mapmyindia, a Make in India, deep-tech company which specializes in maps, navigation, tracking, analytics, GIS, GPS, IOT and location technologies, has pledged Rs 1 crore towards strengthening the incubation and innovation ecosystem at BITS Pilani. Well-known for its students and alumni startups, 17 of BITS alumni-led startups have raised $700 million in past few months. Mapmyindia will further support promising student entrepreneurs by mentoring and advisory, workspace, seed/angel funding and incubation to help accelerate their ideas. This initiative comes close on the heels of the recent pathbreaking partnership between Mapmyindia and ISRO to create India’s indigenouslydeveloped most advanced geospatial services, as a shining example of publicprivate partnership to enable Aatmanirbhar Bharat, and the Government of India’s historic announcement of the opening up of geospatial industry to bring the benefits of geospatial to the entire economy and society.