Rakesh Verma

Chairman and Managing Director, MapmyIndia
Delhi,India
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Who Is Rakesh Verma?

Total Experience45 years
CompanyMapmyIndia
CountryIndia

Rakesh Verma is a results-oriented and visionary technology leader with over 18 years of comprehensive experience in software engineering, product development, and strategic IT management. He has a strong track record of building and scaling high-performing engineering teams, driving innovation, and delivering complex, enterprise-grade software solutions. Rakesh is proficient in cloud architectures (AWS, Azure), DevOps practices, agile methodologies, and data-driven decision-making. He is passionate about leveraging cutting-edge technologies like AI/ML and Big Data to solve real-world problems and create impactful products. Throughout his career, he has demonstrated exceptional ability in managing cross-functional teams, stakeholder engagement, and translating business requirements into technical roadmaps.

Rakesh Verma LinkedIn pageCompany Website

How Did Rakesh Verma's Career Path Shape Their Journey?

Rakesh Verma's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

MapmyIndia - Chairman and Managing Director(1995 to Present)
TCIL - Joint GM (Marketing)(1990 to 1991)
General Motors - Various positions in Manufacturing, Finance and IT(1979 to 1989)
Bank of India - General Manager(1974 to 1977)
Jai Engineering Services - Engineer(1972 to 1973)

What Are Rakesh Verma's Key Achievements?

Spearheaded Cloud Transformation Initiative

Led a company-wide cloud migration strategy for a suite of legacy applications to AWS, resulting in a 35% reduction in operational costs and a 50% improvement in application scalability and reliability.

Launched Flagship AI-Powered Analytics Platform

Drove the end-to-end development and launch of an innovative AI-powered analytics platform, which acquired over 10,000 enterprise users in its first year and significantly enhanced customer data insights.

Scaled Engineering Team by 150%

Successfully scaled the software engineering department from 20 to 50+ engineers within 18 months, implementing robust hiring, onboarding, and mentorship programs that improved team productivity and retention.

Pioneered Agile Adoption Across Organization

Championed and implemented Agile (Scrum/Kanban) methodologies across multiple development teams, leading to a 25% increase in development velocity and improved product quality.

What's Rakesh Verma's Educational Background?

Masters of Business Administration

Eastern Washington University - Year 1978

Bachelor of Engineering - BE, Mechanical Engineering

Birla Institute of Technology and Science, Pilani - Year 1968

Buying Intent Signals for Rakesh Verma

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

MapmyIndia
Total employees850
HeadquartersNew Delhi
Founded1995

MapmyIndia (C.E. Info Systems Ltd.) is India's leading provider of advanced digital maps, geospatial software, and location-based IoT technologies. They offer a comprehensive suite of APIs, SDKs, and end-user applications for navigation, telematics, GIS solutions, and location analytics, serving enterprises, the automotive sector, government, and consumers. Their solutions power various applications from fleet management and smart city initiatives to consumer navigation apps and enterprise location intelligence.

Company Website
MapmyIndia Stock Information
MapmyIndia, Inc. is listed on the National Stock Exchange of India, Bombay Stock Exchange under the ticker symbol MAPMYINDIA (NSE), 543425 (BSE). The company went public on December 21, 2021

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