NDrive Navigation Systems SA has been creating location-based solutions since 2007. Their software is based on onboard map data, providing a network-independent user experience, and connects to the cloud for a wide range of Location Based Services, including map updates, real-time traffic information, and social networks integration. NDrive is able to offer premium services globally based on OpenStreetMap (OSM), maps from Here, TomTom, and from local providers around the world.
The company was founded as a spin-off of a digital map business in 2007 and has its headquarters in Porto, Portugal, and offices in Shenzhen, China. NDrive is owned and managed by its founding entrepreneurs, leading a talented and dynamic team of 50 people with in-depth knowledge of Navigation and Location software. The company is highly cost and capital efficient.
NDrive has developed a customer base of several million active users in more than 50 countries, positioning it well to capitalize on high-growth markets worldwide. Their most recent B2C application, Karta GPS, which uses data from OpenStreetMap, has received exceptional reviews in multiple diverse markets globally.
Since 2007, NDrive has developed navigation solutions for more than 50 partners in more than 40 countries, with their software currently installed in more than 20 million devices worldwide.
This summary outlines NDrive's strong presence and success in the navigation and location-based services market, highlighted by their widespread global reach and extensive customer base.There is no investment information
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