MapMyIndia CEO Rohan Verma to step down, float new venture

MapMyIndia CEO Rohan Verma's new venture is not getting funding from his old company after shareholders protest
MapMyIndia CEO Rohan Verma will personally fund a new B2C venture, addressing minority investor concerns about the initial plan. While MapMyIndia retains a 10% stake, Verma ensures the venture's benefits will accrue to the parent company.
MapMyIndia shares rise after CEO Rohan Verma clarifies THIS about his upcoming B2C venture
MapMyIndia shares gained over 3% on December 4 after CEO Rohan Verma chose to personally fund the company’s B2C venture, responding to concerns from minority investors. This came after a 12% drop in the stock over two days,
MapmyIndia slips 12% in 2 days as Rohan Verma exits as CEO to float new co
Rohan Verma's departure as CEO to set up a new venture could create a leadership vacuum, according to analysts
Rohan Verma to discontinue as MapmyIndia CEO, to launch consumer biz
Map My India on Saturday announced that its CEO and Whole-Time Director, Rohan Verma, will step down to launch his own consumer business.
MapMyIndia Will Not Invest In Rohan Verma's Upcoming B2C Venture: Chairman Rakesh Verma
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 Co-founder and Chairman Rakesh Verma said. The board has approved the fund infusion for this purpose earlier.
MapmyIndia Shelves Rs 35 Crore B2C Investment Plan Following Investor Pushback
The decision comes after concerns were raised on the investment plan approved by the company's board on November 29.
MapMyIndia CEO Rohan Verma to step down, float new venture: 6 key things investors should know
As Bengaluru-based MapMyIndia's CEO Rohan Verma steps down to pursue a new B2C venture, take a look at the details of the plan, disclosures, regulatory requirements, and key aspects investors should know.
MapmyIndia will not invest Rs 35 crore in new B2C venture: outgoing CEO Rohan Verma
The chief executive officer (CEO) said that although MapmyIndia's board approved the investment, it will not take place due to the concerns of the minority investors. Instead, Verma will be using his own funds to run the venture.
Your Story1h
MapmyIndia’s reputation problem; The start of a market makeover
While Rohan Verma has now said he'll fund the B2C venture himself instead of taking the Rs 35 crore from the parent company, ...
Rohan Verma
Find Rohan Verma Latest News, Videos & Pictures on Rohan Verma and see latest updates, news, information from NDTV.COM. Explore more on Rohan Verma.
inc421d
Why Are Investors At Daggers Drawn With MapmyIndia?
MapmyIndia informed the bourses on Friday that its CEO Rohan Verma would be parting ways to fully focus on building a B2C ...
Your Story15h
Beyond the Rs 35 crore: Why MapmyIndia's governance crisis won't end here
MapmyIndia’s rationale behind separating the B2C business has not found favourable footing among investors Analysts suggest ...
MapMyIndia move to shift B2C biz to founder's son kicks up a storm
MapMyIndia will transfer its Mappls Mall and Travel app for hotel and flight booking to the new company headed by the founder ...
The Economic Times on MSN1d
MapmyIndia shares plunge 14% in 2 days, hit 52 week low. Here's why
C.E. Info Systems (MapmyIndia) shares plunged 14% after CEO Rohan Verma announced plans to start a new B2C company and ...
Here's why shares of MapmyIndia operator C.E. Info Systems slipped 4% today
C.E. Info Systems, also known as MapmyIndia, shares slipped 4 per cent in Monday's trade on BSE and logged an intraday low at ...