Startup77’s Post

Rohan Verma , CEO and Whole-Time Director of MapmyIndia, will transition from his executive role to become a Non-Executive Director by March 31, 2025. Verma is set to launch a new B2C-focused business, with MapmyIndia investing ₹10 lakh for a 10% equity stake and ₹35 crore through Compulsorily Convertible Debentures (CCDs). Chairman Rakesh Kumar Verma will continue to lead MapmyIndia, steering its geospatial technology advancements. The company also announced strategic investments in SimDaaS Autonomy and Kaiinos GeoSpatial Technologies. Despite a 13.82% revenue growth in Q2 FY25, MapmyIndia recorded an 8.2% dip in net profit compared to the previous year. #RohanVerma #MapmyIndia #LeadershipTransition #GeospatialTechnology #Startup77 #B2CVenture #BusinessInnovation #Entrepreneurship #TechInvestments #CorporateStrategy

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