Latest news with #GenesysInternationalCorporation
Time of India
7 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.
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.
Business Standard
29-04-2025
- Business
- Business Standard
Genesys International launches its new utility vertical
Onboards HFCL as inaugural partner for Telescape platform Genesys International Corporation announced the launch of its new utility vertical Telescape an end-to-end fiber planning and management platform. Leveraging its comprehensive All-India 3D map stack with immersive Right of Way (RoW) data across almost 1,500 towns and cities, Telescape aims to revolutionize utility infrastructure deployment and maintenance. Leading digital network solutions provider, HFCL, will be the major client to onboard Genesys' Telescape platform, utilizing its advanced capabilities for fiber planning, operations, and maintenance needs across India. Telescape integrates real-world immersive data with AI-powered tools to simplify fiber route design, streamline operations, and optimize maintenance activities, significantly reducing time, cost, and disruptions. Its Right of Way mapping across India's cities provides stakeholders with ready access to rich, actionable insights necessary for efficient utility management.
