CEO of MapmyIndia, Rohan Verma, plans to leave in March to start a new tech venture, backed by the company.

Rohan Verma, CEO of MapmyIndia, plans to step down from his executive role in March 2025 to launch a new consumer tech business. MapmyIndia will invest ₹35 crore in Compulsorily Convertible Debentures and ₹10 lakh for a 10% equity stake in Verma's startup. The company also reported a 13.82% increase in revenue to ₹103.67 crore in Q2 FY25 but saw an 8.2% drop in net profit to ₹30.33 crore.

November 30, 2024
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