MakeMyTrip co-founder and President Ashish Kashyap resigns

New Delhi: Online travel company MakeMyTrip on Wednesday announced the resignation of its co-founder and President Ashish Kashyap with effect from September 30, 2017. “The MakeMyTrip Board has accepted the resignation… MakeMyTrip (India) Pvt Limited and Ibibo Group Private Limited have entered into a separation agreement with Kashyap,” the company said in a statement. “This […]

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  • Published: Thursday, 07 September 2017
  • Last updated: 07 September 2017, 03:25 AM IST

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New Delhi: Online travel company MakeMyTrip on Wednesday announced the resignation of its co-founder and President Ashish Kashyap with effect from September 30, 2017.

"The MakeMyTrip Board has accepted the resignation... MakeMyTrip (India) Pvt Limited and Ibibo Group Private Limited have entered into a separation agreement with Kashyap," the company said in a statement.

"This agreement provides among other things, final settlement of dues and benefits to Kashyap and certain obligations on Kashyap, including non-solicitation and non-competition which shall continue until September 30, 2019."

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