The e-commerce company is in talks with mapping data provider MapmyIndia at the same time as it seeks out a new head of corporate development.
India-based e-commerce platform Flipkart is in talks to invest in four companies, including India-based map data provider MapmyIndia, LiveMint reported on Tuesday, citing three people familiar with the matter.
MapmyIndia was founded in 1992 and has since built up a substantial base of Indian geo-data, picking up funding from Qualcomm Ventures, wireless technology provider Qulcomm’s corporate venturing unit, map publisher Zenrin, Nexus Venture Partners and Lightbox Ventures along the way.
The MapmyIndia investment would be, to some extent strategic, as…
