NEW DELHI: Flipkart-owned on-line journey aggregator Cleartrip on Tuesday introduced that Aditya Agarwal will step down as Chief Monetary Officer (CFO) owing to private causes.
Akshat Mishra will take over as the brand new Head of Enterprise Finance on the firm.
Agarwal will stay with Cleartrip for just a few months to facilitate a clean transition, the corporate mentioned in a press release.
“With two years of expertise within the Cleartrip Enterprise Finance workforce and eight years throughout the Flipkart Group, Mishra brings a deep understanding of each Cleartrip’s operations and the broader ecosystem during which it operates,” it added.
Agarwal labored for 9 years at Cleartrip, whereby he was instrumental in shaping its monetary technique and organisational progress.
He performed a pivotal position throughout the profitable merger and subsequent integration of Cleartrip into the Flipkart Group.
In the meantime, Mishra “brings a deep understanding of each Cleartrip’s operations and the broader ecosystem during which it operates.”
“The transition displays Cleartrip’s dedication to nurturing inside expertise and guaranteeing continuity in its monetary management,” mentioned the corporate.
In April 2021, Flipkart acquired a majority stake in Cleartrip.
Cleartrip witnessed a virtually two-fold improve in its internet loss within the monetary 12 months that ended March 31, 2023.