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C.E. Info Systems Invests ₹2 Crore for 6.06% Stake in Indoor Navigation Startup
C.E. Info Systems Limited
January 12, 2026, 09:28 AM
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C.E. Info Systems Limited announced that its Board of Directors, in a meeting held on January 12, 2026, approved an investment of ₹2,00,00,000 (Rupees Two Crore only) in M/s. Iwayplus Private Limited. This investment will be made in the form of Compulsorily Convertible Preference Shares (CCPS) and will acquire a 6.06% stake on a fully diluted basis in Iwayplus, an indoor navigation startup.
Iwayplus Private Limited is engaged in developing, deploying, and operating technology solutions for indoor navigation and wayfinding. The company designs and provides digital indoor mapping solutions, indoor positioning systems, and location-based services using proprietary software platforms, mobile applications, and integrated hardware technologies like Bluetooth Low Energy (BLE) beacons and sensors. Their offerings include creation of high-resolution 2D and 3D indoor maps, real-time indoor navigation systems, accessibility-focused wayfinding solutions, content management systems, and customized applications for large indoor environments such as hospitals, academic campuses, airports, malls, IT parks, museums, zoos, and exhibition centers. Iwayplus also undertakes installation, configuration, and maintenance of associated hardware and provides ongoing software support, analytics, and location-based services to clients.
The proposed investment is part of C.E. Info Systems Limited's strategic initiatives to support innovative technologies and enhance its business portfolio. The acquisition is expected to be completed within three months from the date of the board meeting. The Board meeting commenced at 12:15 PM and concluded at 2:40 PM on January 12, 2026.
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