Sajid Malik Chairman and MD,
said, “This investment will be a key catalyst post the new Indian geospatial policy which has given a major fillip to our capabilities.”
Genesys was the first company in India to launch the street imagery immersive content for all major Indian cities along with an all-India vector map, it said. The Genesys constellation is now India’s largest sensor constellation capable of acquiring terrestrial, oblique and aerial imagery at high speeds and accuracy.
The company recently filed for two patents for the 3D mapping environment. The company plans to strengthen its Content As A Service platform creating a business model offering multi vertical applications catering to the emerging needs of India’s digital infrastructure ecosystem. It will focus on the utilities, smart cities, big-tech and digital and e-commerce sectors.
Sumeet Nagar, Managing Partner, Malabar India Fund, said “We are excited about Genesys’ mapping content and integration capabilities and the opportunities that the Indian digital infrastructure will provide in the years to come. A high-definition map platform will be an integral part of Digital India.”
