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Minda Corporation signs technology license agreement with LocoNav, Auto News, ET Auto

Minda Corporation signs technology license agreement with LocoNav, Auto News, ET Auto

by admin
November 23, 2022
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  LocoNav would also assist Spark Minda in software customisations and other support from time-to-time and provide mobile application user interface.
LocoNav would additionally help Spark Minda in software program customisations and different assist from time-to-time and supply cellular utility consumer interface.

New Delhi : Spark Minda group flagship agency Minda Company Ltd on Tuesday mentioned it has signed a know-how license settlement with LocoNav for white-labelling of telematics software program. Underneath the settlement, LocoNav would be the know-how associate for telematic methods to Spark Minda and can present with a white-labelled software program, the auto part maker mentioned in an announcement.

White-labelling provides companies the choice to make use of monitoring software program with customised branding.

Spark Minda will combine LocoNav-developed software program with its in-house developed telematic gadgets to offer Authentic Gear Producers (OEMs) with a whole answer. The license settlement will cowl each net and android/iOS platforms, it added.

Furthermore, LocoNav would additionally help Spark Minda in software program customisations and different assist from time-to-time and supply cellular utility consumer interface.

“We imagine the partnership with LocoNav will assist us strengthen our present relationship with the main OEMs by integrating LocoNav’s proprietary telematics software program into Spark Minda gadgets making us ‘a whole mobility answer supplier’,” Minda Company Government Director Aakash Minda mentioned.

This will even assist the group develop product portfolio with present clients and purchase new clients, he added.

LocoNav Co-founder Shridhar Gupta mentioned the partnership will herald important synergies for each the businesses, making them a most well-liked alternative for built-in Telematics companies, particularly fitted to Indian markets.

Additionally Learn:

Automakers worldwide are spending billions of {dollars} to ramp up battery and EV manufacturing within the face of more durable environmental rules.





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Tags: agreementAutoCorporationLicenseLocoNavMindaNewssignsTechnology

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