Rahul Chaudhary exits as Treebo co-founder, to continue as board member

Rahul Chaudhary, the co-founder of hospitality firm Treebo, is exiting the venture from his current role and will continue to be an advisor and a board member.

"The time has come for me to don a different hat at @TreeboHotels. After 6 wonderful years, I will be moving on from my current role and take on a different avatar, that of an advisor and a board member," Chaudhary said in a Tweet.

"I have been incredibly fortunate to build Treebo with @sidtreebo @kaddyiitr, two of my closest friends and two of the best founders I know: mission-first, customer-obsessed & relentless. I have grown so much as a person because of their partnership," he added.

However, soon after that, the second wave struck, jolting the hospitality segment to the next level.

Treebo which had been fighting a battle with online travel agency (OTA) MakeMyTrip also got a boost from a Competition Commission of India (CCI) directive that allowed Treebo and its rival FabHotels to relist their properties on the OTA in March.