Login

News Post

Cleartrip’s CBO Prahlad Krishnamurthi quits to lead Bizongo’s NextBuy

EntrackrEntrackr · 26d
Cleartrip’s CBO Prahlad Krishnamurthi quits to lead Bizongo’s NextBuy

Flipkart-owned travel platform Cleartrip’s chief business officer Prahlad Krishnamurthi has stepped down from his role to join as a chief executive officer of Bizongo’s procurement platform NextBuy. In 2021, he was elevated to the position of CBO at Cleartrip. Prior to Flipkart, Krishnamurthi played several key roles, including at ITC Limited for seven years. In February, Cleartrip’s chief executive officer Ayyappan Rajagopal stepped down from his position after serving the Flipkart Group for eleven years. As per the company, the position is still vacant. Cleartrip was acquired by e-commerce company Flipkart in a $40 million deal in April 2021. Cleartrip’s net loss surged 90% to Rs 676.5 crore in FY23 from Rs 356.5 crore in the previous fiscal year, marking a nearly 2X jump. The firm is yet to disclose its FY24 numbers.

View Source

Comments

More Like this

Bizongo unveils mobile app ‘Next by Bizongo’ for sourcing and business financing needs of MSMEs

Bizongo unveils mobile app ‘Next by Bizongo’ for sourcing and business financing needs of MSMEs

Bizongo acquires Titan Capital-backed FactoryPlus

Bizongo acquires Titan Capital-backed FactoryPlus

Bizongo appoints CEOs, CTPO and CFO for new verticals

Bizongo appoints CEOs, CTPO and CFO for new verticals

Bizongo’s scale doubles to Rs 167 Cr in FY23; loss nears Rs 300 Cr

Bizongo’s scale doubles to Rs 167 Cr in FY23; loss nears Rs 300 Cr

B2B vendor management startup Bizongo's FY23 revenue doubles to Rs 166Cr; Losses stand at Rs 291Cr

B2B vendor management startup Bizongo's FY23 revenue doubles to Rs 166Cr; Losses stand at Rs 291Cr

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

Tiger Global-backed Bizongo beefs up top deck with former AmEx, Amazon Pay execs

Bizongo carves out BizongoFin and BizongoBuy as new businesses

Bizongo carves out BizongoFin and BizongoBuy as new businesses

Bizongo raises $50 million funding from existing investors

Bizongo raises $50 million funding from existing investors

Bizongo lays off about 50 staffers after closing $50 million round

Bizongo lays off about 50 staffers after closing $50 million round

Tiger Global-funded Bizongo raises $50 Mn in Series E

Tiger Global-funded Bizongo raises $50 Mn in Series E

Download the medial app to read full posts, comements and news.