The chief executive officer (CEO) said that although MapmyIndia's board approved the investment, it will not take place due to the concerns of the minority investors. Instead, Verma will be using his own funds to run the venture. However, the parent company, CE Info Systems, will get a 10% stake in the venture. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
