Context: Recently, Indian Space Research Organisation (ISRO) and MapmyIndia have partnered to come up with an indigenious geospatial portal known as ‘Bhuvan’.
About 

• It is a collaboration between Indian Space Research Organisation (ISRO) and digital mapping and navigation technology solutions provider MapmyIndia.
• It is an attempt to compete with Google Maps and launch an indigenous mapping portal and geospatial service. 
• The geospatial portals will be called 'Bhuvan', 'VEDAS' and 'MOSDAC'.

1. Bhuvan: National geo-portal developed and hosted by ISRO comprising geospatial data, services, and tools for analysis.
2. VEDAS (Visualisation of Earth observation Data and Archival System): Online geoprocessing platform that uses optical, microwave, thermal, and hyperspectral EO data covering applications particularly meant for academia, research and problem solving.
3. MOSDAC (Meteorological and Oceanographic Satellite Data Archival Centre): It is a data repository for all the meteorological missions of ISRO and deals with weather-related information, oceanography and tropical water cycles.

Significance

With ISRO, MapmyIndia’s end-user maps, apps and services will now integrate with ISRO’s huge catalogue of satellite imagery and earth observation data.

• It will promote 'Aatmanirbhar Bharat' as Indian users would not be dependent on foreign organizations for maps, navigation, and geospatial services, and instead they can leverage made-in-India solutions. 
• It will enable to jointly identify and build a holistic geospatial portal utilising earth observation dataset, 'NavIC', Web Services and APIs (application programming interface) available in MapmyIndia.
• Foreign mapping solutions come with a lot of hidden costs. They make money by targeting the same users with advertising based on invading user privacy and auctioning those user’s private location and movement data.
• MapmyIndia does not have an advertising business model and has an ethical point of view against advertising led business models of such companies. By using its maps users can better protect their privacy.

Navigation in Indian Constellation (NavIC)

• The Indian Regional Navigation Satellite System (IRNSS), with an operational name of NavIC, is an autonomous regional satellite navigation system.
• NavIC was developed by the Indian Space Research Organization (ISRO).

IRNSS consists of eight satellites

• Three satellites in geostationary orbit
• Five satellites in geosynchronous orbit
• The main objective is to provide reliable position, navigation and timing services over India and its neighborhood.
• It works just like the established and popular U.S. Global Positioning System (GPS) but within a 1,500-km radius over the sub-continent.