Ritwik Khare

Founder

Gurugram, Haryana, India24 yrs 7 mos experience
Highly Stable

Key Highlights

  • Founder of a vacation rental platform.
  • Led significant growth at MakeMyTrip.
  • Established strategic alliances in multiple sectors.
Stackforce AI infers this person is a strategic leader in the Travel and Hospitality industry with a focus on business development and operations.

Contact

Skills

Core Skills

SalesGrowth StrategyBusiness DevelopmentKey Account ManagementProduct ManagementStrategic AlliancesSales Management

Other Skills

AnalysisAnalyticsBankingBusiness AnalysisBusiness Expansions & StartupsBusiness PlanningBusiness StrategyCRMChange ManagementChannel PartnersClient Relationship ManagementCommercial NegotiationsCompetitive AnalysisCompetitor AnalysisCorporate Sales

About

Working to build the world’s most admired vacation rental platform for second home owners and travellers. One villa, one apartment at a time!

Experience

24 yrs 7 mos
Total Experience
4 yrs 3 mos
Average Tenure
3 yrs 4 mos
Current Experience

Elivaas

Founder

Feb 2023Present · 3 yrs 4 mos · Gurugram, Haryana, India · On-site

Lead school

2 roles

Chief Operating Officer

Jan 2022Dec 2022 · 11 mos

Chief Commercial Officer

Jul 2020Jan 2022 · 1 yr 6 mos

  • ★ Leading the Sales, Growth and Account Management functions for the business
  • ★ Chartering growth strategy for 3 year plan
  • ★ Spearheading the revenue function of the company; devising innovative go to market strategies
  • ★ Involved in scaling up the sales and Key Account Management
  • ★ Managing retention & up-selling for existing partners
  • ★ Expansion and business P&L management
  • ★ Conducting competitor analysis by keeping abreast of market trends and competitor’s moves to achieve market share metrics
SalesGrowth StrategyRevenue ManagementKey Account ManagementRetention ManagementCompetitor Analysis

Makemytrip.com

Chief Operating Officer – GCC Business, International Hotels & Global Key Accounts

Jul 2012Jul 2020 · 8 yrs · Gurugram, Haryana, India

  • Growth Path
  • Jul’12 - Sep’16: Sr. Vice President & Head – Business Development, Hotels
  • Jan’15 – Dec’15: Business Head HotelTravel.com, Thailand
  • Oct’16 – Mar’20: Chief Business Officer – International Hotels & Global Key Accounts
  • Apr’20 – Jul’20: Chief Operating Officer – GCC Business, International Hotels & Global Key Accounts
  • ★ Alliances in the GCC market within 60 days of launch
  • ★ Spearheaded Key Account of MMT for the hotels business along with commercial management
  • ★ Handled investments program with hotels
  • ★ Efforts in improving customer satisfaction scores during 2017-18
  • ★ Launched MMT business in UAE and subsequently rest of the GCC countries
  • ★ Setup the CORE GCC Leadership Team for launch Pre-COVID
  • ★ Launched B2C Flights and Hotels app along with demand channels
  • ★ Established direct presence in top 15 international business cities for hotels
  • ★ Set up international offices & supply operations in Dubai, Bangkok, Bali, Singapore, Kuala Lumpur, Hong Kong
  • ★ Launched the “Make My Trip Value Plus” brand of budget hotels
  • ★ Worked towards attaining a breakeven of Singapore operations
  • ★ Expanded MMT footprint of hotels in India and internationally along with villas/apartments
  • ★ Led Revenue, Supply, Product and P&L for GCC Flights and Hotels business
  • ★ Significantly multiplied the international business within a short time span of 2.5 years with significant market share gains
  • ★ Monitored monthly new product launch results and recommending action for addressing any forecasted variances to volume budget
  • ★ Achieved gross and net acquisition targets from customers; tracking ROI of distributors and initiating corrective actions for improving ROI returns
Business DevelopmentKey Account ManagementCustomer SatisfactionMarket ExpansionP&L ManagementProduct Launch

Aegon religare life insurance co.ltd.

Vice President - Strategic Alliances and Corporate Sales

Apr 2008Jun 2012 · 4 yrs 2 mos · Gurugram, Haryana, India

  • Growth Path
  • Apr’08 – Mar’10: Zonal Head - South, Business Alliances
  • Apr’10- Jun’12: Vice President, Head - Strategic Alliances & Corporate Sales
  • ★ Successfully established the 1st ever distribution and sales alliances in 4 sectors (DTH, Airlines, Travel, Retail)
  • ★ Bagged the Bharti Walmart alliance from 4 top competitors – launched PAN-India
  • ★ Functioned as a part of:
  • o Core start-up team to setup the sales & Distribution for the company
  • o 6-member group working on the business plan and channel strategy
  • o Won the Standout Leader Award for the year 2009
Strategic AlliancesCorporate SalesDistribution ManagementBusiness Planning

Citibank

Sales Head

Apr 2002Mar 2008 · 5 yrs 11 mos · Greater Bengaluru Area

  • Growth Path
  • Apr’02 – Jun’04: Credit Manager, Mortgages, Delhi - Reporting to Regional Credit Manager, North
  • Jun’04 – Jul’06: Area Sales Manager
  • Aug’06 – Mar’08: Sales Head, Bangalore, Mortgages
  • ★ Acknowledged as the Champions Forum Award Winner for 2006 (one in 30 people in the consumer bank)
  • ★ Successfully identified as a “High Potential” resource for the bank. (One in 2-3 people per business)
  • ★ Citation for Most Balanced business resource from The CEO and Mortgages Business Manager
  • ★ Won the Service Quality Award for Quarter III (2003)
Sales ManagementCredit ManagementTeam Leadership

Evalueserve

Associate - Business Consulting Division

Jul 2001Apr 2002 · 9 mos

Hsbc

Summer Associate

Apr 2000Jun 2000 · 2 mos

  • Worked in the Credit Cards business.

Education

Faculty of Management Studies - University of Delhi

MBA (Gold Medalist) — Management

Jan 1999Jan 2001

Shri Ram College of Commerce (SRCC)

B Com Hons

Jan 1996Jan 1999

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