On August 16, 2012, Marc Aronson, Senior Vice President of Engineering of TeleNav, Inc., a Delaware corporation (the "Company"), announced his resignation from his position as an officer of the Company, effective August 28, 2012. Mr. Aronson's resignation was not based on any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Mr. Aronson has agreed to provide consulting services to the Company under a Consulting Agreement (the "Agreement") that is effective as of August 29, 2012 (the "Effective Date"). The term of the Agreement begins on the Effective Date and will terminate when one party gives the other party seven (7) days' prior written notice of such termination, but not prior to September 30, 2012. The Agreement provides that Mr. Aronson will be available for up to ten (10) hours per month during the term of the Agreement; however, upon mutual agreement between the parties, Mr. Aronson may be available for additional hours. Under the Agreement, Mr. Aronson will receive a monthly consulting fee equal to $5,000 per month and an additional $250 for every hour that he provides services over the ten (10) hours per month. Additionally, the Agreement provides that any unvested equity awards held by Mr. Aronson will cease vesting as of September 30, 2012. Mr. Aronson's vested options shall continue to be outstanding pursuant to the terms of the option agreements.

Y.C. Chao, Vice President of Research and Development, will assume the role of acting head of engineering while the Company conducts a search for a Senior Vice President of Engineering.

The foregoing summary of the Agreement is qualified in its entirety by reference to the full text of the Agreement referenced as Exhibit 10.27 hereto and incorporated by reference herein.

(d) Exhibits

Exhibit
Number                                    Description

10.27*       Consulting Agreement effective August 29, 2012 between TeleNav, Inc.
             and Marc Aronson

* To be filed with the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2012