Ashish Kashyap resigned as the President and Co-founder of MakeMyTrip with effect from 30 September 2017. As per the settlement agreement, kashyap will be under non-solicitation and non-competition obligation for the next two year. Kashyap had assumed the role of President and Co-founder after MakeMyTrip acquired Ibibo Group in October 2016. Kashyap was earlier designated as the Chief Executive Officer of the Ibibo Group.