Latest news with #SajidMalik
Time of India
5 days ago
- Business
- Time of India
Indian firm Genesys integrates department of posts' digital address system into 2D, 3D mapping system
This is an AI-generated image used for representation purposes. NEW DELHI: India's geospatial technology firm Genesys International Corporation has integrated DIGIPIN, the Department of Posts' digital address system, into its nationwide 2D and 3D mapping systems. The postal department has developed the DIGIPIN (Digital Postal Index Number) as an open-source, interoperable, geo-coded, grid-based digital address system in collaboration with IIT-Hyderabad and Isro and its centre National Remote Sensing Centre. Spanning more than 400 million building footprints, 8.3 million km of road networks, and 19,000+ PIN-code zones, the Genesys platform transforms static location data into a dynamic, interoperable address ecosystem. Developed in alignment with the Department of Posts' DHRUVA (Digital Hub for Reference & Unique Virtual Address) framework, the platform supports real-time address generation, lookup, and visual verification. The postal department had announced the launch of 'Know Your DIGIPIN' and 'Know Your PIN Code' on May 27 in alignment with the National Geospatial Policy 2022, which envisions the development of an advanced geospatial infrastructure to support digital governance and public service delivery. 'We are building a bridge between mapped locations and real-world service delivery. Our platform ensures that every verified address can support smarter cities, faster logistics, and more transparent governance,' Genesys chairman Sajid Malik said. With DIGIPIN now live on its national 2D maps and 3D Digital Twin pilots under way in key cities, Genesys is enabling the address intelligence layer of India's Digital Public Infrastructure (DPI), complementing Aadhaar for identity and UPI for payments. At the heart of this architecture is Genesys' AI-driven 3D digital twin platform, which acts as a unifying layer connecting stakeholders to real-world verified address data. Genesys works with ministries, smart cities, urban local bodies, and digital service providers to collaborate in scaling India's verified address infrastructure, bridging every location to opportunity and inclusion.
News18
21-07-2025
- Business
- News18
Genesys Maps integrates DIGIPIN into 2D, 3D mapping system
Agency: PTI New Delhi, Jul 21 (PTI) Geospatial technology firm Genesys International Corporation has integrated DIGIPIN, the Department of Posts' digital address system, into its nationwide 2D and 3D mapping systems, the company said on Monday. The postal department has developed the DIGIPIN (Digital Postal Index Number) as an open-source, interoperable, geo-coded, grid-based digital address system in collaboration with IIT-Hyderabad and NRSC, ISRO. The postal department had announced the launch of 'Know Your DIGIPIN' and 'Know Your PIN Code' on May 27 in alignment with the National Geospatial Policy 2022, which envisions the development of an advanced geospatial infrastructure to support digital governance and public service delivery. 'We are building a bridge between mapped locations and real-world service delivery. With DIGIPIN now live on its national 2D maps and 3D Digital Twin pilots underway in key cities, Genesys is enabling the address intelligence layer of India's Digital Public Infrastructure (DPI), complementing Aadhaar for identity and UPI for payments," Genesys Chairman Sajid Malik said in the statement. Genesys works with ministries, smart cities, urban local bodies and digital service providers to collaborate in scaling India's verified address infrastructure, the statement said. PTI PRS PRS BAL BAL Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
09-07-2025
- Automotive
- Business Standard
HERE Technologies partners with Genesys International
To collaborate on next-gen in-car navigation systems HERE Technologies, the global leader in digital mapping and location data, and Genesys International have joined forces to radically improve the in-car navigation experience and strengthen road safety efforts across India. Together, HERE and Genesys International are planning a next-generation, in-car navigation system that targets distracted driving. The companies are focused on providing Indian drivers with a seamless digital cockpit user experience with rich features that include live map and navigation capabilities, road hazard alerts and real-time traffic information from HERE, alongside integrated Advanced Driver Assistance Systems (ADAS) functions from Genesys International. Commenting on this partnership, Sajid Malik, Chairman & Managing Director of Genesys International Corporation, said: This partnership with HERE is a significant step in our effort to improve the safety and intelligence of India's roads. We are combining our India-specific ADAS map technology with HERE's worldwide navigation platform to assist automakers in offering truly connected, context-aware driving experiences. This strategic partnership supports India's automotive transition to software-defined, connected mobility by providing Indian cars with integrated safety features, dynamic maps, and real-time traffic updates. Looking ahead, HERE and Genesys International plan to jointly innovate on advanced mobility solutions focused on keeping drivers safe on the roads in India. As part of their long-term vision and commitment to India, both companies will explore the establishment of a dedicated mobility innovation center in India, where local teams will co-develop and pilot solutions that directly addresses the challenges Indian drivers face daily. HERE is the global market leader for automotive-grade maps designed to power navigation, advanced driving assistance, EV and automated driving systems. More than 54 million vehicles today rely on maps from HERE for advanced driving assistance systems (ADAS) and automated driving functions. HERE location data and software services have now been used in 222+ million vehicles globally. HERE has a strong presence in India, with over 3,000 employees working across offices in three major Indian cities.
Time of India
09-07-2025
- Automotive
- Time of India
HERE Technologies and Genesys International tie up to tackle distracted driving in India
In a strategic push to enhance road safety and digital driving experiences in India, global digital mapping firm HERE Technologies and Indian geospatial solutions major Genesys International have announced a collaboration to build next-generation in-car navigation systems . The initiative aims to reduce distracted driving by integrating advanced mapping, real-time traffic updates, and Advanced Driver Assistance Systems (ADAS) into vehicles. With over 80,000 road fatalities annually in India—more than 3,000 of which are attributed to mobile phone use—the partnership is focused on delivering intelligent, safety-driven solutions. Leveraging HERE's AI-powered digital mapping and Genesys' India-specific ADAS map technologies, the duo plans to develop cockpit-ready navigation systems that offer road hazard alerts, speed limit data, real-time traffic updates, and precise guidance for EV drivers, including charging station locations. A HERE survey found that 98 per cent of Indian road users expressed concern about road safety, while 91 per cent recognised ADAS as critical to ensuring safer driving. The solution addresses India's growing demand for Software-Defined Vehicles (SDVs) by creating embedded navigation systems that work seamlessly with infotainment and safety platforms. 'Our collaboration with Genesys International bridges global expertise and local innovation, enabling automakers to integrate intelligent, ADAS-ready solutions,' said Deon Newman, SVP & GM for Asia Pacific, HERE Technologies. 'This partnership will empower Indian vehicles with dynamic maps and real-time safety data,' added Sajid Malik, Chairman & MD, Genesys International. As part of the long-term strategy, HERE and Genesys are exploring the creation of a dedicated Mobility Innovation Centre in India to co-develop and test solutions tailored for local driving conditions.
Time of India
02-06-2025
- Business
- Time of India
Genesys International net profit surges 160% in FY25
Genesys International Corporation , an advanced mapping company , reported a 55.16 per cent increase in total revenue for the financial year ended March 31, 2025, reaching ₹315.39 crore compared to ₹203.27 crore in FY24. The company also posted a 159.59 per cent rise in profit after tax (PAT) to ₹56.10 crore. Quarterly and full-year growth Revenue for the fourth quarter (Q4) stood at ₹94.27 crore, up 3.68 per cent quarter-on-quarter and 31.60 per cent year-on-year. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter increased to ₹49.88 crore, marking a 12.35 per cent rise compared to the previous quarter and 35.86 per cent compared to the same quarter last year. PAT for Q4 rose to ₹18.95 crore from ₹14.85 crore in Q4 FY24. Sajid Malik , Chairman and MD, said, 'Our results clearly reflect the accelerating adoption of high-definition map data, underscoring its critical role as an enabler across multiple pillars of the Indian economy. From infrastructure development and urban planning to transportation, logistics, telecommunications, and utilities, the demand for precise and reliable geospatial intelligence is no longer optional — it's a necessity." He added that the rollout of the India Map Stack marked a key milestone in enabling next-generation solutions. Margin and outlook The EBITDA margin for Q4 FY25 stood at 52.92 per cent, up from 51.26 per cent in the previous quarter. The company stated it anticipates continued adoption of its mapping platform across sectors.
