Nishant Pitti, the co-founder and CEO of online travel platform EaseMyTrip, has announced his decision to withdraw his personal bid from the GoAir acquisition process.
"After careful consideration, I have decided to withdraw from the GoAir bid in my personal capacity. This decision allows me to better focus on other strategic priorities and initiatives that align with our long-term vision and growth objectives. Our commitment to delivering exceptional value and service remains unwavering as we continue to navigate new opportunities and challenges," Pitti stated.
Go First, previously known as GoAir, had received two bids for its acquisition on February 26. One bid came from a consortium comprising SpiceJet's chairman and managing director Ajay Singh and Busy Bee Airways, associated with Nishant Pitti, submitted jointly in their personal capacities. The other bid was from Jaideep Mirchandani-owned Sky One Airways.
Ajay Singh and Busy Bee Airways had proposed a joint bid of Rs 1,600 crore for the airline.
.png)
If you have any doubts, Please let me know