MapmyIndia
Highly Engaged Employees
Engineering Software · India · 501-1,000 Employees
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Overview
Headquarters
237 Okhla Industrial Estate Phase 3, New...Phone Number
+91 7829774111Website
www.mapmyindia.comRevenue
$211.3 MillionIndustry
About MapmyIndia
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MapmyIndia News & Media
MapmyIndia parent scraps plan to invest in outgoing CEO's company, shares surge
On Nov. 29, CE Info Systems said that CEO Rohan Verma would establish a mapping services company that caters to customers directly after stepping down, with the former set to pick up a 10% stake in the new entity and investing an additional 350 million rupees ($4.13 million). CE Info Systems did not provide details on the feedback from its investors.MapmyIndia drops Rs 35 Cr investment plan for Rohan Verma's B2C venture - Entrackr
CE Info Systems, the parent company of MapmyIndia, has decided not to proceed with the previously announced Rs 35 crore investment in its new business-to-consumer (B2C) ventureMapMyIndia 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. This move aims to provide dedicated focus to the consumer business while MapMyIndia continues to concentrate on its core B2B and B2B2C operations.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.
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Frequently Asked Questions Regarding MapmyIndia
C.E. Info Systems Limited popularly known as MapmyIndia is India’s leading provider of advanced digital maps, geospatial software and location-based IoT technologies. The company is a B2B and B2B2C market leader for maps and geospatial products with a comprehensive suite of SaaS (Software as a service), PaaS (Platform as a service), MaaS, (Maps as... Read More

