EaseMyTrip CEO Nishant Pitti Resigns, His Brother To Take Over

Nishant Pitti, the co-founder and promoter of Easy Trip Planners — the parent company of online travel firm, EasyMyTrip, has stepped down as CEO. According to an official release, Pitti resigned as CEO of the company with immediate effect, citing personal reasons. Following Nishant’s resignation, EasyMyTrip co-founder, Rikant Pittie has been appointed as new CEO of Easy Trip Planners, with effect from January 1, 2025, as per an exchange filing by the company.

Notably, the news about Nishant Pitti’s resignation broke a day after sold Rs 4.99 crore worth of his stake in the company. On Tuesday, Nishant had divested 1.4 percent stake in EaseMyTrip for Rs 78 crore, selling shares worth Rs 4.99 crore through an open market transaction, according to NSE data.

“I, Nishant Piiti, Chairman and CEO of Easy Trip Planners Limited, hereby tender my resignation from the position of CEO due to personal reasons with effect from January 01, 2025. Kindly accept this resignation and relieve me from being the CEO of the company and acknowledge the receipt of this resignation,” Nishant Pitti said in his resignation letter, attached by the company in its regulatory filing.