VIDTEQ India
VideoMaps | Driving Directions | Maps | Video Directions | Video Navigation | Local Search: VidTeq.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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VIDTEQ India Pvt Ltd, founded in May 2008 by Chandra Thimmannagari, Muraleedhara Navada, and Ravi Narala, carved a niche in the digital mapping and navigation sector with its proprietary Video Map technology. Headquartered in Bangalore, the company pioneered a visual approach to road navigation, addressing the common challenge in India where street names are not always clearly marked. Its core offering consisted of generating a video clip of a complete route between a source and destination, enhanced with features like business logos, turn-by-turn audio, and embedded points of interest.
The technology served as a next-generation navigable map built upon a traditional digital map, allowing users to virtually experience a route before starting their journey. VIDTEQ developed a comprehensive suite of proprietary tools to manage the entire process, from video capture and editing to the geo-tagging of videos and images. The business catered primarily to enterprises, with clients including builders, schools, colleges, hotels, and resorts that used the service to provide clear visual directions to their locations. Its product lineup included solutions like Wayfinder for navigation, E-Visit for virtual tours, and a Store Locator.
In June 2011, VIDTEQ secured a Series A funding round of approximately $360,000 from the Karnataka Information Technology Venture Capital Fund (KITVEN). This capital injection was aimed at nationwide expansion and enhancing its sales and marketing efforts. A significant milestone in the company's journey was its acquisition in April 2017 by MapmyIndia (C.E. Info Systems Pvt. Ltd.), a major player in digital map data, GPS navigation, and location-based services. This move integrated VIDTEQ's video mapping capabilities into MapmyIndia's broader suite of location intelligence solutions, marking the company as an "acqui-hired" entity.
Keywords: video navigation, digital maps, geo-tagging, location-based services, route visualization, visual navigation aid, VideoMap technology, enterprise location solutions, store locator, virtual tours, map technology, navigation solutions, Bangalore startup, driving directions, CE Info Systems, MapmyIndia, KITVEN, Chandra Thimmannagari, Muraleedhara Navada, Ravi Narala