SUMMARY
- Rohan Verma, CEO and MD of MapmyIndia, will step down in March 2025 to establish a B2C business venture.
- MapmyIndia’s board has approved an INR 35 Cr investment in the new venture.
- Rakesh Kumar Verma, Chairman and MD, will continue to lead MapmyIndia post-Rohan’s departure.
MapmyIndia, a leading digital mapping and geospatial solutions provider, announced that Rohan Verma, its CEO and Managing Director, will step down from his role in March 2025. Rohan is set to launch a new B2C business, with MapmyIndia committing an INR 35 Cr investment to support the venture.
Rohan Verma, who has played a pivotal role in driving MapmyIndia’s growth, is shifting his focus to a consumer-oriented business model.
Rakesh Kumar Verma, the current Chairman and Managing Director, will continue to provide leadership and strategic guidance to the company during and after the transition.
The decision to back Rohan’s upcoming B2C business aligns with MapmyIndia’s strategy to diversify and explore new consumer-focused opportunities. Details about the new venture’s scope and operations remain under wraps, but the INR 35 Cr investment reflects the company’s confidence in Rohan’s entrepreneurial vision.
Rohan Verma has been instrumental in expanding MapmyIndia’s presence across digital mapping, navigation, and geospatial analytics. Under his leadership, the company strengthened its position in India’s mapping ecosystem and explored innovative solutions catering to both enterprise and consumer needs.
With Rakesh Kumar Verma at the helm, MapmyIndia is expected to maintain its focus on enterprise solutions, government partnerships, and technological advancements. The company aims to continue leveraging its expertise to address India’s growing demand for digital mapping services. zeus123
Rohan’s transition and new venture mark a significant shift in leadership dynamics at MapmyIndia. His consumer-focused initiative is expected to complement MapmyIndia’s existing operations, creating opportunities to further enhance the company’s footprint in the tech ecosystem.mami111
