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Ola Electric IPO – MapMyIndia accuses company of stealing map data days before IPO opens

Ola Electric IPO – MapMyIndia accuses company of stealing map data days before IPO opens
Business2 min read
  • MapMyIndia has accused Ola Electric of stealing its map data for Ola Maps.
  • The company has claimed that Ola Electric has copied its data for “unjust commercial gains”.
  • The company has reportedly sent a legal notice to Ola Electric.
Ola Electric is all set to raise funds from the primary market through an initial public offering (IPO) which is set to open on August 2. Ahead of the IPO, CE Info Systems, the parent company of homegrown MapMyIndia has accused the Bhavish Aggarwal-led company of stealing map data.

According to a report by Forbes India, MapMyIndia in a legal notice has accused Ola Electric of stealing its map data after the company launched its own mapping service, Ola Maps.

MapMyIndia has claimed that Ola Electric has breached its license agreement. The electric two-wheeler maker had partnered with MapMyIndia to offer navigational services on its electric scooters.

Data copied

MapMyIndia has claimed that Ola Electric has duplicated the API (application programming interface) and SDKs (software development kits) from the company’s proprietary sources to build Ola Maps.


“It is firmly stated that our client’s exclusive data has been copied/derived by you to further your illegal motive and for your unjust commercial gains,” MapMyIndia reportedly said in its notice.

Further, the company dismissed Ola Electric’s claim of developing the map data for Ola Maps from Open Map.

“Your assertion that you have developed API and map data/Ola Maps solely through open map is factually incorrect and not tenable,” the company added.

The company has said that the agreement signed between the two companies prohibits co-mingling and reverse engineering under the Intellectual Property laws.

“By indulging in such unscrupulous and illegal activities, you have acted in blatant defiance of the terms and conditions of the agreement and have further infringed the copyright vested exclusively in our client pertaining to the source code,” the notice reads.

Ola Electric in a statement to Business Insider India has denied the allegations.

“Ola Electric wishes to address the recent claims made by CE Info Systems Limited (“CE Info”) in relation to the alleged issues with Ola Maps vis-à-vis MapMyIndia and reported in news media. We would like to state unequivocally that these allegations are false, malicious and misleading. Ola Electric stands by the integrity of its business practices. We will suitably respond to the notice shortly," an Ola Electric spokesperson said in a statement to Business Insider India.

The Delhi-based Geotech startup has said that it will initiate appropriate civil and criminal legal action against Ola Electric.

Earlier this month, the share price of MapMyIndia jumped by up to 10% during the Budget 2024-25 as Finance Minister Nirmala Sitharaman announced that land records in urban areas will be digitised using GIS mapping, highlighting the rising importance of such data.

SEE ALSO:

Upcoming IPOs this week – Ola Electric, Akums Drugs and more

Government extends EV subsidy scheme till September 30, increases outlay

Apple to manufacture iPhone 16 Pro models in India soon after launch

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