Bengaluru-based digital maps startup MapMyIndia's parent company, C.E. Info Systems Ltd, announced in an exchange filing on November 29 that the company's chief executive officer, Rohan Verma, would step down and start a new business-to-consumer venture. Here are six key things investors should know Regulatory requirement: As per the regulatory requirements, Rohan Verma needs to forfeit all executive role responsibilities …
Bengaluru: Digital maps pioneer MapMyIndia has come under the scrutiny of investors and proxy advisory firms after the company agreed to invest ₹35 crore and transfer a tiny share of its business to a company owned by the son of its founder and promoter. "As the consumer business requires a dedicated focus to build Rohan Verma, CEO and executive director …