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CEO Rohan Verma to head new venture
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 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
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.
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 Shelves Rs 35 Crore Investment Plan Amid Investor Concerns Over B2C Venture
MapmyIndia has decided to shelve its Rs 35 crore investment plan for a B2C venture, addressing investor concerns while retaining a stake.
MapMyIndia to spin off B2C unit; CEO Rohan Verma to head new venture
MapMyIndia plans to separate its B2C division into a new entity, led by current CEO Rohan Verma. The new venture, in which MapMyIndia will retain a 10% stake, will focus on consumer products under the Mappls brand.
MapmyIndia gives in to investors' concerns shelves Rs 35 cr investment plan in B2C venture
Digital navigation firm CE Info Systems, which operates under MapmyIndia brand name, has shelved its decision to invest Rs 35 crore in a proposed B2C venture to be led by CEO Rohan Verma. As per the company's board,
MapMyIndia shares fall on plans to buy 10% stake in B2C company floated by former CEO
MapmyIndia's former CEO and Executive Director Rohan Verma will hold a 90% stake in the new company while the balance 10% will be with MapmyIndia.
MapMyIndia shares tumble 3% on plans to hive off B2C business into separate entity
MapMyIndia will sharpen its focus on its core B2B and B2B2C operations and spin off its B2C business into a new company.
MediaNama
8h
“Why not keep the B2C brand in-house?” Shareholders Grill MapMyIndia On its Decision on Asset Transfer of its consumer Business
As part of the deal, Rohan Verma will retain a 90% stake in the new venture, while MapmyIndia will hold a 10% stake. The ...
8h
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 ...
moneycontrol.com
7h
MapMyIndia's Rohan Verma says will run new consumer business with 'own funds', not taking CE Info's money
Rakesh
Verma
, co-founder and CMD, CE Info Systems added the brand Mappls will be used by both B2C as well as B2B entities ...
cnbctv18
11h
MapMyIndia parent shares fall below listing price after management clarifies on new investment
Shares of CE Info Systems are down 44% from their recent peak of ₹2,747 and have now declined below their listing price.
1d
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 ...
13h
MapMyIndia shares continue to face investors' ire, down over 5% after B2C business hived off to founder's son
The new venture will be run by Rohan Verma, the current CEO and Executive Director at MapMyIndia (CE Info Systems), with the ...
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