Cleartrip’s Aditya Agarwal To Step Down as CFO Due to Personal Reasons; Know Who Will Take Over
He played a pivotal role during the successful merger and subsequent integration of Cleartrip into the Flipkart Group. Meanwhile, Mishra “brings a deep understanding of both Cleartrip's operations and the broader ecosystem in which it operates.”
New Delhi, April 30: Flipkart-owned online travel aggregator Cleartrip on Tuesday announced that Aditya Agarwal will step down as Chief Financial Officer (CFO) owing to personal reasons. Akshat Mishra will take over as the new Head of Business Finance at the company. Agarwal will remain with Cleartrip for a few months to facilitate a smooth transition, the company said in a statement.
“With two years of experience in the Cleartrip Business Finance team and eight years within the Flipkart Group, Mishra brings a deep understanding of both Cleartrip's operations and the broader ecosystem in which it operates,” it added. Agarwal worked for nine years at Cleartrip, wherein he was instrumental in shaping its financial strategy and organisational growth. Wipro’s Newly Appointed CEO Srini Pallia Gets Attractive Annual Compensation Package; Know How Much He Would Receive From Tech Company.
He played a pivotal role during the successful merger and subsequent integration of Cleartrip into the Flipkart Group. Meanwhile, Mishra “brings a deep understanding of both Cleartrip's operations and the broader ecosystem in which it operates.” Ola Cabs CEO Hemant Bakshi Resigns, Company Plans To Lay Off 10% Workforce in Restructuring Process.
“The transition reflects Cleartrip's commitment to nurturing internal talent and ensuring continuity in its financial leadership,” said the company. In April 2021, Flipkart acquired a majority stake in Cleartrip. Cleartrip witnessed a nearly two-fold increase in its net loss in the financial year that ended March 31, 2023.
(The above story first appeared on LatestLY on Apr 30, 2024 12:04 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).