homestartup NewsMapmyIndia declares dividend of Rs 3 per share after a strong growth in profit

MapmyIndia declares dividend of Rs 3 per share after a strong growth in profit

MapmyIndia declares dividend of Rs 3 per share after a strong growth in profit
The company which listed on bourses in 2021, added that through an exchange filing that its board approved a final dividend of Rs 3 per share, 150 percent of the face value of the equity share is Rs 2.
MapmyIndia which offers digital maps, geospatial software, and location-based IoT technologies serving B2B and B2B2C enterprise customers, claims to have mapped 63 Lakh kilometres of roads across 7,900 towns in India and 1.45 crore houses and buildings across the globe. It counts PhonePe, Airtel, HDFC Bank, Morris Garages and Flipkart as its clients.
“We acquired 250+ new B2B and B2B2C customers — including many businesses and enterprises across industry verticals, new-age consumer-tech companies and key government organisations — raising our base to 850+ customers for our MaaS, SaaS and PaaS offerings, giving us a great platform to up-sell and cross-sell our wide variety of offerings and use-cases to existing and new customers,” said Rohan Verma, CEO and Executive Director, MapmyIndia.
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