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Online travel aggregator Cleartrip has made two key appointments even as the company charts out its next phase of growth plans, including expansion and upgradation of technology. The travel company has roped in Indroneel Dutt and Ankit Rastogi as its CFO and Vice-President (Hotels), respectively.
Dutt, who comes with over two decades of experience in finance, private equity and investment in companies including TCS and eFORCE Global, will be based in Mumbai and will focus on optimising cost efficiencies and revenue streams at Cleartrip.
Rastogi, founder of India Hotel Review, will spearhead the brand’s hotel-based business out of Bengaluru, a top company official said. Prior to this, Rastogi worked at Stayzilla.com and was responsible for creating and executing the concept of an alternate stay marketplace. He was also instrumental in building mobile apps, mobile web, and desktop products at leading online travel aggregator goibibo.com.
Prasad Menon, Senior Vice-President - Human Resources, Cleartrip, told BusinessLine :, “We are looking to scale our operations and expand our market footprint. This requires intelligent products that are omni-present across multiple formats and are personalised to each consumer’s need. With Indroneel and Ankit, we are confident that Cleartrip will realise exponential growth and consolidate its leadership position in the lucrative markets of India and West Asia.”
Cleartrip, which raised funds from US-based Concur Technologies and Gund Investment last year, is looking to augment its expertise on data sciences, machine learning and NLP, and plans to expand its tech team by 50 per cent over the next two months in Bengaluru.
The company competes with the recently-merged Naspers Group-backed goibibo and Nasdaq-listed MakeMyTrip that controls over 60-70 per cent of the travel market. Other players in the segment are trivago, Booking.com and Expedia.
“We constantly work on keeping our technology up-to-date to meet the latest standards in service delivery and deliver the best booking experience to our users. Increasing the size of this team, with around 100 more engineers, is a strategic investment that will help us develop cutting-edge tech products,” he added.
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