CE Info Systems Approves ₹2 Crore Strategic Investment in Indoor Navigation Startup Iwayplus

2 min read     Updated on 12 Jan 2026, 03:11 PM
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Overview

CE Info Systems Limited's Board approved a ₹2.00 crore strategic investment in indoor navigation startup Iwayplus Private Limited on January 12, 2026. The investment through CCPS will secure a 6.06% stake on fully diluted basis in the startup that specializes in indoor navigation solutions for hospitals, airports, malls, and other large facilities. Iwayplus has shown strong growth with turnover rising from nil in FY 2023 to ₹0.76 crore in FY 2025, aligning with CE Info Systems' strategy to enhance its technology portfolio.

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*this image is generated using AI for illustrative purposes only.

CE Info Systems Limited announced a strategic investment decision during its board meeting held on January 12, 2026. The company's Board of Directors approved an investment of ₹2.00 crore in Iwayplus Private Limited, an indoor navigation startup, as part of its strategic initiatives to support innovative technologies and enhance its business portfolio.

Investment Structure and Details

The investment will be structured through Compulsorily Convertible Preference Shares (CCPS) and executed in one or more tranches. Through this investment, CE Info Systems will acquire a 6.06% stake on fully diluted basis in Iwayplus Private Limited.

Investment Parameter: Details
Investment Amount: ₹2.00 crore
Investment Structure: Compulsorily Convertible Preference Shares (CCPS)
Stake Acquired: 6.06% on fully diluted basis
Number of CCPS: 3,500 shares
Completion Timeline: Within 3 months
Consideration Type: Cash

About Iwayplus Private Limited

Iwayplus Private Limited, incorporated on December 26, 2022, operates in the indoor navigation and wayfinding technology sector. The startup develops, deploys, and operates technology solutions for indoor navigation using proprietary software platforms, mobile applications, and integrated hardware technologies including Bluetooth Low Energy (BLE) beacons and sensors.

The company's service portfolio includes:

  • Creation of high-resolution 2D and 3D indoor maps
  • Real-time indoor positioning systems
  • Accessibility-focused wayfinding solutions
  • Content management systems for indoor environments
  • Customized applications for various facilities

Target Markets and Applications

Iwayplus serves diverse large indoor environments across multiple sectors. The company provides solutions for hospitals, academic campuses, airports, shopping malls, IT parks, museums, zoos, and exhibition centers. Additionally, the startup offers installation, configuration, and maintenance services for associated hardware while providing ongoing software support, analytics, and location-based services to its clients.

Financial Performance Overview

The startup has demonstrated growth in its financial performance over the past three years. Iwayplus recorded no revenue in FY 2023, followed by a turnover of ₹0.19 crore in FY 2024, and achieved ₹0.76 crore in FY 2025, showing significant year-over-year growth.

Financial Year: Turnover (₹ Crore)
FY 2023: Nil
FY 2024: 0.19
FY 2025: 0.76

Strategic Rationale

The investment represents CE Info Systems' commitment to expanding its presence in innovative location-based technologies. The acquisition falls outside related party transactions, with no promoter group or group companies having any interest in Iwayplus Private Limited. The transaction requires no governmental or regulatory approvals and will be completed through cash consideration within a three-month period.

Historical Stock Returns for CE Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-3.15%-8.93%-5.62%-13.14%-6.44%+11.21%
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C.E. Info Systems Invests ₹2 Crore in iWayPlus Private Limited for 6.06% Stake

1 min read     Updated on 12 Jan 2026, 03:01 PM
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Reviewed by
Shriram SScanX News Team
Overview

C.E. Info Systems has announced a ₹2.00 crore strategic investment in iWayPlus Private Limited to acquire a 6.06% equity stake. This investment is part of the company's strategy to support innovative technologies and expand its portfolio through strategic partnerships with technology-driven enterprises.

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*this image is generated using AI for illustrative purposes only.

C.E. Info Systems has announced a strategic investment in iWayPlus Private Limited, marking another step in the company's expansion strategy. The investment will see C.E. Info Systems acquire a minority stake in the technology company through a targeted capital infusion.

Investment Details

The investment parameters demonstrate a focused approach to strategic partnerships:

Parameter: Details
Investment Amount: ₹2.00 crore
Equity Stake: 6.06%
Target Company: iWayPlus Private Limited
Investment Type: Strategic equity investment

Strategic Rationale

The investment forms part of C.E. Info Systems' broader strategy to support innovative technologies in the market. This approach reflects the company's commitment to identifying and backing technology-driven enterprises that align with its business objectives. The 6.06% stake acquisition suggests a strategic partnership rather than a controlling interest, allowing both companies to maintain operational independence while fostering collaboration.

Investment Implications

The ₹2.00 crore investment in iWayPlus Private Limited represents C.E. Info Systems' continued focus on expanding its technology portfolio through strategic investments. By acquiring a minority stake, the company positions itself to benefit from iWayPlus's growth while supporting innovative technology development in the sector.

This investment approach demonstrates C.E. Info Systems' strategy of building partnerships with technology companies that complement its existing business operations and future growth plans.

Historical Stock Returns for CE Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-3.15%-8.93%-5.62%-13.14%-6.44%+11.21%
CE Info Systems
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