Ashish Kashyap resigned as the President and Co-founder of MakeMyTrip with effect from 30 September 2017. As per the settlement agreement, Kashyap will be under non-solicitation and non-competition obligation for the next two years.
Kashyap had assumed the role of President and Co-founder after MakeMyTrip acquired Ibibo Group in October 2016. Kashyap was earlier designated as the Chief Executive Officer of the Ibibo Group.
Important Takeaways from Above News-
- Leading online travel company was founded in the year 2000 by Deep Kalra.
Source- The Economic Times