Rajesh Magow takes over as MakeMyTrip CEO, Deep Kalra steps down
Deep Kalra, the group CEO of MakeMyTrip, has announced that he is stepping down while MMT cofounder Rajesh Magow will be taking over the lead.
Magow, who was leading the India business of the online travel agency, will now be given the reins of the entire business.
Kalra, one of India’s most revered startup entrepreneurs and an active angel investor, will serve as executive chairman on the MakeMyTrip board, the company said in a statement.
Kalra is expected to drive strategic initiatives, including product innovation and expansion, geographic growth, business model innovation and corporate development, in his new role, the statement added.
“We believe that separating the roles of Group CEO and Executive Chairman will allow us to focus more on long-term strategic opportunities within and outside India, while maintaining our market-leading position in our existing businesses,” Kalra said.