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wonobo.com

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Founded Year

2012

Stage

Corporate Minority - II | Alive

About WoNoBo

A N Virtual World Tech, dba WoNoBo, enables users to search for and view 360-degree walkthroughs of hotels, monuments and parks, as well as share these Points of Interests (POIs) with others. The service is initially available in 12 cities- that include Mumbai, Delhi, Bangalore, Kolkata, Chennai, Hyderabad, Goa, Pune, Ahmedabad, Agra and Jaipur and Surat, and will soon be expanded to 54 cities.

WoNoBo Headquarter Location

73-A SDF III, SEEPZ Andheri(E)

Mumbai, 400096,

India

Latest WoNoBo News

Wonobo’s parent Genesys secures Rs 65Cr from Mumbai municipal corp

Jan 20, 2017

By Salman SH ( @Sallu_SH ) on January 20, 2017 January 20, 2017 0 1 Genesys International, the parent company of 3D mapping product Wonobo, has raised Rs 65 crore from Municipal Corporation of Greater Mumbai (MCGM). The company will use the fresh funds for upgrading its mapping technology infrastructure, building a platform for property tax administration, and for other smart city applications. The company said in a statement that the mapping platform for property administration will be first deployed in Mumbai within a year’s time. The platform will map road conditions, assets owned by the municipal corporations (trees, chairs, etc) and mobile telecom towers in an area. The platform will also be used in smart cities and for better planning and governance at municipal level. Note that Genesys had earlier raised an  undisclosed amount of investment in October last year from online classifieds company Quikr. Post the investment, Quikr’s property listing revived Wonobo’s street mapping integration. However, we reported in June last year that Wonobo’s website , which used to offer a 3D panoramic view of cities in India went inactive, with a notice that read: “Please let us inform you as soon as we are ready to serve you again.” Wonobo’s website became inactive, just a month after the Ministry of Home Affairs  released  a draft “Geospatial Information Regulation Bill, 2016”. The bill looked to regulate and license companies like Wonobo which collects mapping information and geospatial data. Note that Google’s Street View  has also been disallowed  in India since June last year for security reasons. Advertisement Currently, Wonobo’s panoramic view maps are accessible through a  mobile app  for 17 cities; although it was planned to be extended in 54 cities during initial launch in 2013 with a $35 million investment . Users had however pointed out that through comments that the app’s 3D panoramic photos are ‘outdated’. More on this here . Financials For the quarter ended September 30th 2016 (Q2 FY17) , Genesys posted overall revenues of Rs 21.1 crore, up from Rs 18.1 crore in the previous quarter. The company’s net profit for the same quarter increased to Rs 5.06 crore, from Rs 3.19 crore in the previous quarter (Q1 FY17). * Image credits: Flickr user  Johan Larsson  under CC BY 2.0 0

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