C.E. Info Systems gets nod to make investment of Rs 2 crore in Iwayplus
The Board of Directors of the company at their meeting held on January 12, 2026 has approved the same
C.E. Info Systems has received approval to make an investment of Rs 2 crore in the form of Compulsorily Convertible Preference Shares (CCPS) in one or more tranches, to acquire 6.06% stake on fully diluted basis in Iwayplus which is an indoor navigation start-up.
The proposed investment is part of the company’s strategic initiatives to support innovative technologies and enhance the business portfolio of the company. The said transaction is expected to be completed within period of 3 months. The Board of Directors of the company at their meeting held on January 12, 2026 has approved the same.
C.E. Info Systems is India’s leading advanced digital maps and deep-tech Company, popularly known in India as MapmyIndia and globally as Mappls.
