MapmyIndia parent reverses decision to invest in outgoing CEO’s new venture
The map-making company, in a U-turn, scraps a move to acquire 10% of the outgoing CEO’s B2C firm and invest a further Rs 35 crore through compulsory convertible debentures.
9 December, 2024•2 min
0
9 December, 2024•2 min
0

More in Internet
Internet
Ronnie Screwvala is stretching upGrad to mean more
As the company weighs a move into test prep ahead of a 2027 IPO, the question is whether entering a category from which upGrad has consciously stayed away so far makes sense.
You may also like
Business
Bajaj Auto’s record numbers are eclipsing a deeper problem
The two-wheeler giant’s domestic weakness is overshadowing its global strength. Investors now want proof that Bajaj can win again at home.
Business
Hero’s comeback has legs, but can it keep its grip?
India’s largest two-wheeler maker has seen a stock surge on the back of macro tailwinds, an EV push, a credible export strategy and renewed investor faith. Proving that this rally isn’t just a festive-season fling will be the real test.
Business
What's behind the sudden influx of Chinese firms into the Middle East?
A mix of favourable policies and high-rolling consumers in the Middle East is drawing a wide array of companies to set up shop in the region








