We started getting interested in Telenav (TNAV) after it recently dropped over 40% due to an announcement that Google (GOOGL) (GOOG) had signed GM (GM) as a partner. After looking into the company more, we decided that, while the competition was a threat, Telenav's prospects are still bright and mostly unaffected by the announcement. It also helps that Telenav is cash-rich, growing fast and on the brink of profitability. Overall, at its current price, Telenav looks like it could be an interesting buy.
About Telenav
Telenav is a leading provider of location-based products and services