Karvat Group takes over India business, launches new venture

In a strategic move, the Karvat Group has taken over the reins of the travel ancillary business, and will hereon steer its business in India with sole proprietorship. Dev Karvat will take on the ownership of the entire group’s operations in India as CEO. He says, “The company’s commitment towards the travel trade is as persistent as ever. We are thankful to the Cover-More Group for enriching our experience with their global expertise. We will be happy to welcome them back to India in the future. We are now focusing on India-centric offerings. I am happy to share the launch of a new venture – Asego.”