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Qualcomm Ventures, PhonePe, reward Mapmyindia co-founder with discounted shares ahead of IPO

By Ankit Agarwal

  • 08 Dec 2021
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Qualcomm Ventures, PhonePe, reward Mapmyindia co-founder with discounted shares ahead of IPO
Credit: 123RF.com

Qualcomm Ventures, Flipkart unit PhonePe, and Japanese mapmaker Zenrin, have sold a portion of their shares in Mapmyindia to a co-founder for less than one tenth the initial public offering (IPO) price, as a reward for meeting targets and also to bolster the promoter holding, two persons familiar with the ......

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