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MapMyIndia, Rohan Verma
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 takes a u-turn, scraps decision to invest in outgoing CEO Rohan Verma’s startup
MapMyIndia’s Board of Directors scrapped the decision to invest ₹35 crore in exchange of 10 per cent stake in outgoing CEO Rohan Verma’s new business venture, on Monday. Shares were trading higher on December 9.
MapmyIndia Backtracks on Investment in CEO Rohan Verma’s Startup, Retains B2C Brand MAPPLS
Facing investor concerns, MapmyIndia halts plans to invest Rs 35 crore in the new B2C entity led by CEO Rohan Verma.
MapMyIndia cancels investment in CEO Rohan Verma’s startup, to shift focus to…
In an unexpected turn, MapMyIndia has announced that it will not proceed with its planned investment in the startup founded by its outgoing CEO, Rohan Verma. The decision, revealed on December 9, follows a shift in the company's strategy concerning its business operations.
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 parent reverses decision to invest in former CEO's new company; Stock jumps 17%
MapMyIndia was earlier supposed to invest in the new company which will be formed by former CEO Rohan Verma by subscribing to a 10% equity stake.
Rohan Verma To Discontinue As Mapmyindia CEO, To Launch Consumer Biz
MapMyIndia on Saturday announced that its CEO and Whole-Time Director, Rohan Verma, will step down to launch his own consume
MapmyIndia parent scraps plan to invest in outgoing CEO's company, shares surge
CE Info Systems , the parent firm of digital maps provider MapmyIndia, said on Monday that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback,
MapmyIndia Shares Surge After Firm Scraps Plan to Split Business
Shares of an CE Info Systems Ltd., known as MapmyIndia, jumped after the company said it is reversing an earlier plan to carve out its consumer business.
Your Story
2d
MapmyIndia reverses decision to make equity/debt investment in new company
The company’s decision comes days after it said it would make a Rs 35 crore investment in outgoing CEO Rohan Verma’s B2C ...
2d
CE Infosystems shares snap 4-day winning streak, slump 6% as profit booking kicks in
Most of the gains for CE Infosystems were recorded in the previous session, following the company's reversal of its decision ...
2d
MapMyIndia share price falls over 5% after a 16% jump in previous session. Opportunity to buy?
MapMyIndia shares rallied more than 16% in the previous session after the company’s board of directors decided that the ...
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