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Online Travel

EaseMyTrip Leadership Change: Rikant Pittie Takes Over as CEO After His Brother Resigns

Peden Doma Bhutia photo
Peden Doma Bhutia
January 1st, 2025 at 1:09 PM EST
EaseMyTrip

Skift Take

EaseMyTrip’s push into study tourism and EV manufacturing shows ambition to expand, but the leadership change and financial pressures leave questions about execution. Shareholders will be watching closely.

Nishant Pitti, co-founder and CEO of Easy Trip Planners, the parent company of Indian online travel agency EaseMyTrip, on Wednesday announced his resignation, effective January 1, 2025. His brother Rikant Pittie, currently serving as the company's chief financial officer, has been appointed as the new CEO “with immediate effect”.

The announcement comes amidst broader strategic shifts within the company and a steady reduction in promoter shareholding over the past year. Promoter shareholding refers to the percentage of a company’s shares owned by its founders.

In a letter to shareholders, Nishant Pitti cited "personal reasons" for stepping down. The company echoed this in its official filing to the stock exchange, confirming the change.

“Nishant Pitti has resigne

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