Prahlad Krishnamurthi Quits Cleartrip and Joins NextBuy as CEO

Rahlad Krishnamurthi has resigned from his position as the Chief Business Officer (CBO) of Cleartrip, a travel aggregator owned by the Flipkart Group, following a nine-year tenure at the company.

Krishnamurthi will now assume the role of CEO at NextBuy, a solution that bizongo offers to finance supply chains for businesses, particularly SMEs, MSMEs, and large enterprises.

Krishnamurthi guided Cleartrip through a period of transformation, with a particular emphasis on improving operational efficiency and customer experience in order to recover from the COVID-19 pandemic. He underscored the necessity of adapting to the transformation of consumer behaviors and the restoration of travel confidence.

Cleartrip, an online travel technology company, was established in 2006. It provides a variety of services, including the ability to arrange flights, train tickets, hotel reservations, and activities. It maintains operations in the following countries: India, the United Arab Emirates, Saudi Arabia, Egypt, Qatar, Oman, Kuwait, Bahrain, Sri Lanka, Mauritius, Hong Kong, Indonesia, and Thailand.

Read also - Carlyle Appoints Anuj Poddar as Co-Head Global Portfolio Solutions Asia

Cleartrip disclosed its chief financial officer's (CFO) departure in late April for personal reasons. Anuj Rathi, the CEO of jupiter Money, was appointed by Cleartrip one month prior. In May, Flipkart also appointed Prathyusha Agarwal, an ex-executive of BYJU, as Vice President of its value commerce platform, Shopsy.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Advertisment

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.