wordpress blog stats
Connect with us

Hi, what are you looking for?

Travelocity Accuses Cleartrip CEO & Former Desiya MD of Data Theft

Online travel agency Travelocity India has filed an FIR against Amit Taneja, former MD of Desiya and Stuart Crighton, CEO, Cleartrip for alleged criminal breach of trust, data theft, cheating, criminal misappropriation and criminal conspiracy. Himanshu Singh, MD, Travelocity India confirmed to Medianama that they have registered a complaint with the Civil Lines Police Station in Gurgoan. Desiya became a subsidiary of Travelocity following the acquisition of Travelguru in August 2009.

A copy of the FIR in our possession reads that Taneja had allegedly passed on the company’s intellectual property, trade secrets, sensitive data, proprietary technology source codes, their entire hotel business model and projections to Crighton including an excel file named ‘Hotels Growth Model.xls’. It further states that Taneja was terminated from Desiya on 19th September 2009.

It is also alleged that Sanjeet Singh, Regional Manager (North) and Imran Ansari, Travel Consultant, allegedly close associates of Taneja, are accused of criminal breach of trust, misrepresentation and cheating. Singh declined to confirm nor deny these accusations, and also declined to comment on when and how the leak was detected. He also declined to comment on any such specific details on the data shared between Taneja and Crighton.

According to the document, Travelocity has estimated a 15 percent loss in market share which translates to Rs 200 million, over the next year, due to the leak. Singh refrained from commenting on this estimate but agreed that all facts on the FIR are accusations they have made and the matter is under investigation by the police. The police have ceased computers and Blackberries  and are questioning the accused.

On attempting to contact Crighton, a spokesperson from Cleartrip emailed us the following statement: “We are aware that an FIR has been registered in a Gurgaon Police Station.  We are convinced that the said FIR is misconceived, baseless and likely filed with ulterior motives. We have full faith in the judiciary and are extending all cooperation to the relevant agencies.” Taneja’s phone was switched off.

Related:
Indian Online Hotel Site TravelGuru Acquired By Travelocity

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

The Delhi High Court on Monday refused to stop Amazon from pushing regulators to stop the sale of the Future Group’s businesses to Reliance...

News

Pine Labs has raised around $100 million in fresh funds from Lone Pine Capital, a hedge fund based in the United States, at a...

News

Restaurant aggregator and food delivery company Zomato has raised US$660 million (over ₹4,850 crore), taking its valuation to ₹3.9 billion. CEO Deepinder Goyal tweeted...

Uncategorized

Minister of Road Transport and Highways Nitin Gadkari said on December 17 that GPS-based tolling will replace toll plazas in two years, The Hindu...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ