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 Nishants 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 Pittis 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. Rikant Pittie is the now the new CEO of Easy Trip Planners the parent firm of EasyMyTrip an online travel company he co-founded with Nishant Pitti in 2008. Rikant Pittie who is also the Vice Chairman of the CII Delhi State Council for 2024-2025  has over 16 years of experience in the travel and tourism industry and a deep understanding of market trends and customer needs the company said in a statement. “The travel industry is at a transformative juncture where technology and personalisation are redefining how people explore the world. 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 the new CEO was quoted as saying. According to the company Rikant Pittie has been recognised for his exceptional contributions to the business landscape having won the prestigious Fortune India 40 Under 40 and Entrepreneur Indias Entrepreneurship of the Year in Service Business – Travel Category.