Flipkart-owned Cleartrip's CFO Aditya Agarwal steps down, Akshat Mishra takes over
Agarwal will remain with Cleartrip for a few months to facilitate a smooth transition, the company said in a statement.
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.
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.”
“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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
12:07 PM IST