Beyond the Rs 35 crore: Why MapmyIndia's governance crisis won't end here

Quick Summary:

MapmyIndia’s rationale behind separating the B2C business has not found favourable footing among investors Analysts suggest establishing the B2C venture as a 100% subsidiary of the parent company.

Subramanian says, "If they wanted to spawn a B2C business it should have been spun off as a 100% subsidiary and external capital raised in that subsidiary".

The company's rationale for separating the B2C business hasn't convinced investors.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: IndiaCuba

Topics: Rohan Systems Investors Company Crore Business Governance Venture Info Mapmyindia Verma

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 07:23:52 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 761 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24113573

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 15 posts per day

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