Background:
Established in 1992 by Rakesh Verma, Bachelor of Engineering (Mechanical), from BITS, Pilani & a MBA from Washington and Rashmi Verma, Bachelor of Engineering from Roorkee University and a MS in Computer Science from EWU, Washington, CE Info Systems has been providing services at various levels of the value chain from data collection from the field, customised map preparation, making the database intelligent to providing location based services, Internet and Mobile Application Development, ready-to-use internet and intranet GIS applications, Integrated software and hardware solutions , Legacy Data Conversion, Consumer Indexing, Photogrammetry, market research, Website development, Vehicle Tracking Solutions and navigation systems.
CE Info Systems (P) Ltd, an ISO 9001-2000 Company, is India’s leader in providing services and solutions based on Internet & Mobile Applications, GIS and turnkey projects, and Location-based Business Intelligence. With core competency in software and data product development, the company has been acknowledged as the single largest repository of digital spatial data of India. The company’s innovative GIS Internet initiative to launch www.mapmyindia.com, India’s first interactive online map portal led NASSCOM to acknowledge CE as one of the showcase company for IT innovation India 2004.

Currently the company is  privately owned by the promoters and it has received some funding from venture capitalist firms Sherpalo Ventures and Kleiner Perkins Caufield and Byers in Sep 2006 as per a news article in ContentSutra.

Promoters:
Rakesh Verma, Bachelor of Engineering (Mechanical), from BITS, Pilani, India 1967-72 and MBA from Washington State 1978-79.
He has over 30 years of experience, 14 of which have been in the United States with the leading edge companies with the state-of-the-art technology and Process Development.
His experience covers major functional areas such as Information & Manufacturing, Systems, Finance & Accounting, Business Planning, Operations Management & Marketing.

Rashmi Verma, Bachelor of Engineering from Roorkee University (1973-77) and has done MS in Computer Science from EWU, Washington U.S.A. (1978-79).
She has over 23  years of experience in Information Technology Industry, 14 yr. of which have been in the United States with the leading edge companies including IBM & Citibank.

Major Product and Services:
CE is a major player in the GIS related service provider in India. Recently it has lunched MymyIndia Navigator device in 11 cities of India.The navigator device is preloaded with all the maps of these cities having an exhaustive details about ATMs, restaurants, coffee shops and business establishments etc helping the motorists to commute hassle free. It targets the vast car market of Indian cities and comes in 2 versions, costing from 21000-22000 Rs. Apart from the preloaded maps, the device is in sync with satellites to get real time feeds.

Potential:
In all the developed countries, navigation device is an integral part of every car and now days in countries like Japan, Toyota and Honda are providing navigation devices inbuilt in some models.In about more than 80% passengers  vehicles there is navigation devices fitted with. I think the passenger car market is already catching up in India and in near future many low end models from many auto companies are coming up. So I think since as of now CE is the only company providing these kind of services in India so there is a huge potential in this company.

Source: CE Info Systems Homepage and other news pages.

I would request all the TED members to providing their feedbacks on this company.

Currently the company is  privately owned by the promoters and it has received some funding from venture capitalist firms Sherpalo Ventures and Kleiner Perkins Caufield and Byers in Sep 2006 as per a news article in ContentSutra.
------------------------------------------------------------------

GPS navigation is pretty useful. I have a Garmin GPS in my car

I was peeping at the Garmin site and there is device which can even alerts you about real time traffic signals information so that you drive accordingly and avoid red signals..