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 ...

So, what do we do? In the last two quarters, we have been discussing our interest in entering B2C, which is a long-term play…However, the management was not receiving any positive response from the ...

“The proposed consumer business will complement and showcase MapMyIndia’s core market strength of B2B and B2B2C while focusing exclusively on the B2C segment,” Rakesh Verma, chairman and ...

According to co-founder, chairman and managing director Rakesh Verma, the B2C business is not more than ₹50 lakh in revenue. Rohan Verma would own 90% of the new venture, while MapMyIndia will ...

Rakesh Verma told investors of two other options: operating the B2C business as a vertical within the company or creating a subsidiary. However, since the impact on the P&L would have been the ...

Ruben Amorim is eager to replace a failed Man Utd signing and stars from the Netherlands and Belgium are in his sights, according to reports ...

CE Info Systems' shares were hammered by over 12% early last week after it announced that the company holds the option of investing Rs 35 crore through compulsory convertible debentures in the company ...

The proposed consumer business will complement and showcase MapmyIndia’s core market strength of B2B and B2B2C, while focusing exclusively on the B2C segment," said Rakesh Verma, Co-founder and CMD, ...

Earlier this month, MapmyIndia announced that its CEO and Executive Director, Rohan Verma, son of founder Rakesh Verma, had decided to resign to launch his own consumer business. Under the ...

"Rohan’s departure as CEO could create a leadership vaccum. The company is confident that its leadership team, aided by Mr Rakesh Verma’s guidance, is capable enough. Stable, more predictable nature ...