wordpress blog stats
Connect with us

Hi, what are you looking for?

Wonobo’s parent Genesys secures Rs 65Cr from Mumbai municipal corp

Genesys International, the parent company of 3D mapping product Wonobo, has raised Rs 65 crore from Municipal Corporation of Greater Mumbai (MCGM). The company will use the fresh funds for upgrading its mapping technology infrastructure, building a platform for property tax administration, and for other smart city applications. The company said in a statement that the mapping platform for property administration will be first deployed in Mumbai within a year’s time. The platform will map road conditions, assets owned by the municipal corporations (trees, chairs, etc) and mobile telecom towers in an area. The platform will also be used in smart cities and for better planning and governance at municipal level. Note that Genesys had earlier raised an undisclosed amount of investment in October last year from online classifieds company Quikr. Post the investment, Quikr’s property listing revived Wonobo’s street mapping integration. However, we reported in June last year that Wonobo’s website, which used to offer a 3D panoramic view of cities in India went inactive, with a notice that read: “Please let us inform you as soon as we are ready to serve you again.” Wonobo’s website became inactive, just a month after the Ministry of Home Affairs released a draft “Geospatial Information Regulation Bill, 2016”. The bill looked to regulate and license companies like Wonobo which collects mapping information and geospatial data. Note that Google’s Street View has also been disallowed in India since June last year for security reasons. Currently, Wonobo’s panoramic view maps are accessible through a mobile app for 17 cities; although it was…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

New bill narrows focus over predecessors that went heavy on data sovereignty, localisation and compliance. What explains this change?

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ