CEO Rohan Verma to head 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 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 CEO Rohan Verma To Step Down To Float New B2C Venture
MapmyIndia has announced that its chief executive and executive director Rohan Verma will be stepping down from his role in March next year
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 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 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 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.
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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, ...
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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 ...
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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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 ...
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.
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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.