MapmyIndia, a company operated by C.E. Info Systems, has seen a decline in revenue growth in the first half of the current fiscal year compared to FY24. This decline in revenue has led to a drop in stock value over two trading sessions before stabilizing.

The company's decision to withdraw a funding plan aimed at a promoter group firm has resulted in a backlash from investors. This incident serves as a cautionary tale for newly listed companies regarding related party transactions.

In a significant leadership change, Rohan Verma, the CEO and son of founder chairman Rakesh Verma, is leaving MapmyIndia to establish a new entity focused on the consumer business (B2C). This transition raises questions about the company's future direction and strategy, particularly in the consumer sector.