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

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.15% | -8.93% | -5.62% | -13.14% | -6.44% | +11.21% |
















































