Nishant Pitti, co-founder and promoter of Straightforward Journey Planners, has stepped down as chief govt officer (CEO) after divesting a 1.4% stake within the firm, citing private causes. Pitti talked about this in his resignation letter, which was included within the firm’s inventory trade submitting, “I, Nishant Piiti, Chairman and CEO of Straightforward Journey Planners, hereby tender my resignation from the place of CEO attributable to private causes with impact from January 01, 2025. Kindly settle for this resignation and relieve me from being the CEO of the corporate and acknowledge the receipt of this resignation”.
Rikant Pittie has been named as the brand new CEO and co-founder, with the appointment taking impact from January 1, 2025. In his new function, Pittie will lead the corporate’s strategic initiatives, drive innovation, and improve buyer experiences to additional strengthen EaseMyTrip’s place within the trade.
Studies counsel Nishant Pitti might promote his remaining 14.21% stake within the firm through a block deal, estimated at Rs 780 crore. Pittie co-founded EaseMyTrip in 2008.
Talking on his appointment, Rikant Pittie, CEO and co-founder at EaseMyTrip stated, “The journey trade is at a transformative juncture the place expertise and personalisation are redefining how folks discover the world. At EaseMyTrip, our mission goes past merely providing an enhanced journey expertise. It’s about setting new benchmarks. We’re devoted to pioneering progressive options that empower travellers globally. I’m each honoured and thrilled to tackle this function and look ahead to persevering with the corporate’s journey.”
Written with the View : afaqs