INSUBCONTINENT EXCLUSIVE:
The company did not reveal the value of the IPOMapmyIndia, which powers Apple maps in India, has filed draft papers with the domestic market
regulator for an initial public offering, with existing investors including Qualcomm and Zenrin Co offering up to 7.5 million shares.The
company did not reveal the value of the IPO, but a source told Reuters the offering could be worth Rs 10,00- Rs 12,00 crore ($137.13-$164.56
million).(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a press release)
