EaseMyTrip denies allegations against founder Pitti in Mahadev betting case

Travel booking platform EaseMyTrip on Wednesday denied allegations against its founder and chairman Nishant Pitti in the Mahadev app betting case, terming the claims “entirely baseless, misleading, and devoid of factual merit”.

Pitti has reportedly been accused of colluding with a network of operators who allegedly used proceeds from the illegal betting operation to manipulate the stock prices of 25 listed companies, purportedly in connivance with their promoters.