Facing investor concerns, MapmyIndia halts plans to invest Rs 35 crore in the new B2C entity led by CEO Rohan Verma.
In an unexpected turn, MapMyIndia has announced that it will not proceed with its planned investment in the startup founded ...
MapMyIndia CEO Rohan Verma will personally fund a new B2C venture, addressing minority investor concerns about the initial ...
MapMyIndia’s Board of Directors scrapped the decision to invest ₹35 crore in exchange of 10 per cent stake in outgoing CEO ...
MapMyIndia shares gained over 3% on December 4 after CEO Rohan Verma chose to personally fund the company’s B2C venture, ...
The company’s decision comes days after it said it would make a Rs 35 crore investment in outgoing CEO Rohan Verma’s B2C ...
MapmyIndia has announced that its chief executive and managing director Rohan Verma will be stepping down from his role in ...
MapMyIndia was earlier supposed to invest in the new company which will be formed by former CEO Rohan Verma by subscribing to ...
MapmyIndia has decided not to make any equity or debt investment in the new CEO Rohan Verma entity. Its shares rally 16% to ...
MapMyIndia shares rallied more than 16% in the previous session after the company’s board of directors decided that the ...
MapMyIndia’s parent firm, CE Info Systems Ltd., is not going to invest Rs 35 crore, in its outgoing Chief Executive Officer and Executive Director Rohan Verma’s new consumer focused venture, said ...
MapMyIndia’s board has reversed its decision to invest Rs 35 crore in a proposed new company of former CEO Rohan Verma, the ...