Cleartrip CFO Aditya Agarwal to Step Down; Akshat Mishra to Assume Role of Head of Business Finance
New Delhi: Cleartrip, the online travel aggregator owned by Flipkart, announced on Tuesday that Aditya Agarwal will be stepping down from his position as Chief Financial Officer (CFO) due to personal reasons. Akshat Mishra will succeed him as the new Head of Business Finance at the company.
Agarwal will continue to serve Cleartrip for a transitional period to ensure a seamless handover, according to a statement issued by the company. With two years of experience in the Cleartrip Business Finance team and eight years within the Flipkart Group, Mishra brings a comprehensive understanding of Cleartrip’s operations and the wider industry landscape.
During his nine-year tenure at Cleartrip, Agarwal played a pivotal role in shaping the company’s financial strategy and facilitating its organizational growth. Notably, he was instrumental in overseeing the successful merger and subsequent integration of Cleartrip into the Flipkart Group.
The transition reflects Cleartrip’s commitment to fostering internal talent and maintaining stability in its financial leadership, as emphasized by the company.
In April 2021, Flipkart acquired a controlling stake in Cleartrip. However, Cleartrip reported a nearly twofold increase in its net loss for the financial year ending March 31, 2023.
