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Easy Trip Planners, the parent company of EaseMyTrip, announced a major leadership change on January 1, 2025. Nishant Pitti, the co-founder and CEO, has stepped down, citing personal reasons.
In a formal letter to the board, Pitti requested to be relieved of his duties immediately and expressed gratitude for his time at the company, according to a company statement.
After Nishant Pitti stepped down, the board appointed Rikant Pittie as the new CEO. Rikant, previously the Chief Financial Officer (CFO), is Nishant's brother. His promotion ensures the Pitti family continues to lead the organization.
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Earlier, reports suggested that Nishant Pitti was planning to sell his stake in the company. On December 31, he sold Easy Trip shares worth ₹78.32 crore through a block trade, reducing his holding by 4.99 crore shares, or 1.41% of the company’s equity. After the sale, his ownership dropped to 12.8%, and the total promoter stake fell from 50.38% to 48.97%.
Rikant Pittie, CEO and co-founder, said, “At EaseMyTrip, our mission goes beyond simply offering an enhanced travel experience. It is about setting new benchmarks. We are dedicated to pioneering innovative solutions that empower travellers globally. I am both honoured and thrilled to take on this role and look forward to continuing the company’s journey.”
About Rikant Pittie
Rikant Pittie, a graduate of Kurukshetra University, has 15 years of experience in travel, tourism, HR and technology. He joined the Easy Trip board in August 2011 and is also involved in several private businesses, including Easy Builders, Bhoomika Fabricators, Spree Hotels, Yolobus, Moneyleader Finance, Travelluxe EMT and Vehide.com.
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