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- Company MakeMyTrip Limited
MU0295S00016
Leisure & recreation, business summary.
Number of employees: 4,090
Sales per Business
Sales per region, members of the board, share class, shareholders, company contact information.
MakeMyTrip Ltd.
DLF Cyber City 19th Floor, Building No. 5
122002, Gurgaon
+91 12 4439 5000
Group companies
Ratings for makemytrip limited, analysts' consensus, eps revisions, quarterly earnings - rate of surprise, sector travel agents.
- Stock MakeMyTrip Limited - Nasdaq
MakeMyTrip - How the Company is Making Travels Hassle-Free?
Shubham Kumar , Manisha Mishra
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.
More Indians are now booking tickets and hotels online than ever before. Nothing can beat the comfort of being able to plan a trip from the comfort of your home. You can check out the prices and compare them to get the best out of the deal. A company that holds a major share in the Indian online travel industry is MakeMyTrip. Since 2000, MakeMyTrip is helping millions of Indians book railway tickets, airline tickets, bus tickets, reserve hotel rooms, and buy holiday packages.
Founded in 2000 and headquartered in Gurgaon, Haryana, MakeMyTrip is one of the most popular and dependable Indian travel companies that helps the people of India avail of online travel services that include airline tickets, domestic and international holiday packages, reservations of hotels, railways, and bus tickets.
If you want to know more about MakeMyTrip India, its Founders and Team, Growth, Startup Story, Mission and Vision, Products and Services, and more, then here's the MakeMyTrip success story.
MakeMyTrip - Company Highlights
MakeMyTrip - About MakeMyTrip - Industry MakeMyTrip - Founders and Team MakeMyTrip - Subsidiaries MakeMyTrip - Startup Story MakeMyTrip - Mission and Vision MakeMyTrip - Name, Tagline, and Logo MakeMyTrip - Business Model MakeMyTrip - Revenue Model MakeMyTrip - Product and Services MakeMyTrip - Challenges Faced MakeMyTrip - Funding and Investors MakeMyTrip - Investments MakeMyTrip - Mergers and Acquisitions MakeMyTrip - Growth MakeMyTrip - Partnerships MakeMyTrip - Advertisements and Social Media Campaigns MakeMyTrip - Awards and Achievements MakeMyTrip - Competitors MakeMyTrip - Future Plans
MakeMyTrip - About
India’s leading online travel company, MakeMyTrip, was founded in 2000 by Deep Kalra, Keyur Joshi, Sachin Bhatia and later joined by Rajesh Magow. Headquartered in Gurgaon (Haryana), the company provides online travel services that include flight tickets, domestic and international holiday packages, hotel reservations, and rail and bus tickets.
MakeMyTrip - Industry
The research of the Statista indicates that the travel and tourism sector is expanding favorably. Forecasts for 2023 indicate a strong and promising future with a significant revenue of US $19.86 billion . The projected yearly growth rate between 2023 and 2027 is an outstanding Compound yearly Growth Rate (CAGR) of almost 12.18%, with a projected value of US $31.45 billion by 2027. These figures highlight the industry's strength and point to a continuing upward trend, indicating tremendous potential for consistent growth and a plethora of opportunities in the Travel and Tourism sector going forward.
MakeMyTrip - Founders and Team
Deep Kalra, Keyur Joshi, Rajesh Magow and Sachin Bhatia are the co-founders of MakeMyTrip.
The founder of MakeMyTrip, Deep Kalra, was raised in Hyderabad, attended St. Stephen's College in Delhi for his economics degree, and graduated with an MBA from IIM Ahmedabad in 1992. He left ABN AMRO after three years to work in business development at GE Capital. In the past, he worked with AMF Bowling to bring bowling alleys to India. With the launch of MakeMyTrip in 2000, Kalra revolutionized the Indian travel sector by introducing cutting-edge online services.
As the CEO of MakeMyTrip, Deep Kalra guided the company from its inception till its listing on NASDAQ in August 2010. From August 2013 to February 2020, Kalra functioned as the Group CEO. In February 2020, Deep Kalra stepped down from the post of Group CEO to resume responsibilities as executive chairman of the MakeMyTrip board, while co-founder and current group CEO Rajesh Magow took charge as the Group CEO.
“We believe that separating the roles of Group CEO and Executive Chairman will allow us to focus more on long-term strategic opportunities within and outside India, while maintaining our market-leading position in our existing businesses,” MakeMyTrip owner Deep Kalra commented on his step-down.
Kalra also serves as the vice chairman of Internet and Mobile Association of India. He is one of the founders of Ashoka University and is a part of its governing body. He is also a founding member of " I am Gurgaon" , an NGO.
Rajesh Magow
Rajesh Magow, a co-founder of MakeMyTrip, serves as the company group CEO currently. Magow graduated from the Indian Institute of Chartered Accountants. He began his career with Aptech Ltd. as the Regional Head-ACE North. After thereafter, he joined Ebookers as CFO and Head of Financial Services before joining MakeMyTrip as co-founder, CFO, and COO. Magow has held a number of executive positions within the corporation, including those of Group CEO, COO, and CFO.
Keyur Joshi
Keyur Joshi is the co-founder and Chief Operating Officer (COO) of MakeMyTrip and the Strategic Advisor, roles that he is serving still in the company. Besides this he is also the co-founder of Wildlife Luxuries (I) Pvt. Ltd. The jumpstart of the online travel market in India can largely be attributed to Joshi.
Before MakeMyTrip, Joshi was involved with Around the World Travel (presently known as JustFares.com), and Tata Motors, where he handled the Market Research and Product Management departments. Keyur has obtained a Bachelor's degree in Chemistry from Gujarat University. This was again followed by an MBA degree from the City University of New York, New York. Joshi is also a certified pilot!
Apart from the resignation of Sachin Bhatia, who resigned as the co-founder and CMO of the company, the founding team of MakeMyTrip is intact. Looking at the MakeMyTrip number of employees, the company has been known as a 1,001–5,000 strong organization.
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MakeMyTrip - Subsidiaries
MakeMyTrip Subsidiaries are Ibibo, Easy to Book Holding B.V., ITC Group, Luxury Tours & Travel Pte Limited, Quest2travel.com India Pvt. Ltd., Hotel Travel Ltd., Travis Internet Private Limited, MakeMyTrip (India) Private Limited, and Makemytrip.com Inc.
MakeMyTrip - Startup Story
MakeMyTrip's genesis lies in the entrepreneurial spirit of its founder, Deep Kalra. Initially an experienced banker at ABN AMRO Bank, Kalra felt the urge to break away from the monotony of corporate life and explore new avenues. After three years in the banking sector, he sought challenges beyond the confines of a traditional career. This quest led him to join AMF Bowling, aiming to introduce bowling alleys to India. Despite facing challenges in fundraising and the subsequent failure of this venture, Kalra's determination to run his own business remained unshaken.
Undeterred by setbacks, Kalra found himself at GE Capital, where he gained valuable insights into the potential of the internet. The realization dawned when he successfully sold his wife's car online, sparking the idea that the internet could be a powerful platform for his entrepreneurial aspirations. Acknowledging the vast possibilities, he resigned from GE Capital and ventured into the world of online businesses.
The turning point for MakeMyTrip came during Kalra's research into the tourism sector. Recognizing the inconvenience faced by Indians queuing at ticket counters, he envisioned a solution that would make ticket bookings accessible online. This insight solidified the foundation of MakeMyTrip. While planning a holiday to Thailand, Kalra observed the cost efficiency of direct online bookings and decided to eliminate intermediaries, leading to the official launch of MakeMyTrip in 2000. The platform aimed to simplify ticket bookings and offer competitive prices, marking the beginning of a transformative journey in the online travel industry.
MakeMyTrip - Mission and Vision
MakeMyTrip's mission is to "provide customers a one-stop-shop for all their travel needs." It helps the users get optimum user experience across the entire travel journey, which includes "effective planning resources, superior booking experience across all channels, and in-journey 24x7 live customer support."
At GO-MMT, our vision is to make travel simple and fun for all, and our core values guide us in making this possible. These core values can be seen in the projects that we undertake, and the way in which we solve problems for our customers. They are a representation of OUR BEING & OUR DOING. Each member of the GO-MMT family is guided by them, each and every day, says the company website while stating its vision and values.
MakeMyTrip - Name, Tagline, and Logo
MakeMyTrip's tagline is "Dil toh roaming hai", which the company announced in April 2017.
MakeMyTrip - Business Model
MakeMyTrip lets users book air tickets, bus tickets, buy holiday packages, book hotel accommodations, and hire vehicles. Users can also access other travel-related services, like visa processing and travel insurance, that are provided by third-party vendors. All of these services are available through MakeMyTrip's app, website, or through MakeMyTrip-owned and franchisee-owned stores.
Besides this B2C model, MakeMyTrip has also introduced MyBiz to offer various corporate travel-related services. MyBiz lets businesses easily manage the travel and accommodation of its employees through various features, such as a single dashboard, MyBiz wallet for central payment processing, and instant refunds to myBiz Wallet on cancellations.
MakeMyTrip - Revenue Model
MakeMyTrip's revenue model combines traditional and innovative elements, with a focus on strategic air ticket sales contributing 35% to the total revenue. Complementing this, hotels and holiday packages constitute a substantial around 50% of earnings. The transport segment, led by Red Bus , adds 10% , growing at an impressive 35% annually . MakeMyTrip has expanded its revenue streams by partnering with IRCTC for rail tickets and introducing weekend travels, activities, and events .
Domestic travel takes center stage in revenue generation, with 60% of air ticket revenue and 85–90% of hotel business revenue attributed to domestic travel. This highlights MakeMyTrip's adaptability to regional preferences and solidifies its position as a comprehensive travel solution.
MakeMyTrip - Products and Services
MakeMyTrip Limited is an Indian online travel company founded in 2000. It’s services include air ticketing, hotel and alternative accommodations bookings, holiday planning and packaging, rail ticketing, inter-city bus ticketing, car hire, and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing.
The company is the industry leader in India's travel sector thanks to its continuous innovation culture and " customer first " strategic focus. This puts it in a unique position to accelerate the online presence of hotels and other lodgings that are largely offline.
MakeMyTrip employs a sizable number of data scientists in their workforce. It makes considerable use of chatbots; Myra for MakeMyTrip and Gia for Goibibo . These chatbots assist with most post-sale inquiries.
MakeMyTrip - Challenges Faced
“The meltdown of dotcom, the exit of venture capital from India, and the 9/11 attacks. By mid-2001, MakeMyTrip were hit by this triple whammy. The next couple of years were the toughest — there were no investors in sight and the company had to shrink the team. But those tough times helped bind the team together. It’s been an incredible journey and the team are thrilled for the possibilities that lie ahead.” said Deep Kalra Founder.
MakeMyTrip celebrated turning 20 in 2020, marking 20 years of assisting customers with travel arrangements. Unfortunately, the worldwide pandemic made it happen during a difficult period. For everyone, traveling was challenging due to the coronavirus. MakeMyTrip used their knowledge to adapt and come up with new ways to assist travelers in spite of this obstacle. The business demonstrated that it could overcome obstacles and remain a leader in the travel sector even in the face of this challenging circumstance.
MakeMyTrip - Funding and Investors
MakeMyTrip has raised $748 mn in over 6 rounds of funding.
Here are the funding details:
MakeMyTrip - Investments
MakeMyTrip has made 7 investments to date. Here's all of them below:
MakeMyTrip Exit
It has exited from two companies, ibibo Group and Inspirock.
MakeMyTrip - Mergers and Acquisitions
MakeMyTrip made 5 acquisitions till date.
The MakeMyTrip fintech arm TripMoney has acquired BookMyForex, an online foreign exchange service provider in India, on April 5, 2022, through the acquisition of the majority stakes in the company.
Here's a look at the list of the companies that MakeMyTrip has acquired:
Some other investments and acquisitions that MakeMyTrip made during its journey till now are:
- In August 2011 , MakeMyTrip (MMT) along with private equity firm Saif Partners, acquired majority stakes in Travenues Technology Private Limited, which owns Ixigo.com. In November 2011 , MMT invested in 'My Guest House Accommodation', a budget lodging and hotel operator.
- In September 2014 , the company instituted a $15 mn innovation fund to support early-stage companies in the travel space. It also acquired MyGola, a travel planning website, in April 2015. The acquisition was done through the innovation fund, and as part of the acquisition, all employees of MyGola were absorbed into the MakeMyTrip team.
- In June 2015 , MakeMyTrip acquired an 18% stake in travel planning startup Inspirock. In July 2015 , it invested in travel information and hotel review portal HolidayIQ to pick up an approximately 30% stake in the latter. In the same month, it also invested $5 mn in BonaVita Technologies, a startup which plans to utilize the funds to build innovative products in the travel industry.
MakeMyTrip - Growth
Starting its journey at the start of the millennium, MakeMyTrip has entirely transformed the ways of travel and bookings and has made the whole process fast, easy, and hassle-free not only for its customers but for the whole country in general. Some of the major growth insights of the company are:
- As of June 2023, MakeMyTrip had 146 active franchisees operating in more than 100 cities
- It has covered 2,000 cities via hotels
- It also has its international offices based in Dubai, Kuala Lumpur, Bangkok, New York, Singapore, Phuket and Istanbul
- MakeMyTrip has 68 mn+ monthly active users as per its website
- It has 69 mn+ lifetime transacted users
- In the post-pandemic world, the company also claims to help the users get 100% refund on their cancellations
MakeMyTrip saw a notable growth in operating revenue in the fiscal year 2022–2023, with Rs 4,863 crore in FY23, compared to Rs 2,492 crore in FY22. But the business also saw total expenses come to Rs 4,986 crore. In spite of this, the profit/loss margin has improved significantly, with the loss in FY23 dropping to Rs 91.6 crore from Rs 373.6 crore in FY22.
MakeMyTrip - Partnerships
MakeMyTrip, in its 20+ years-long journey, has witnessed numerous partnerships with a whole lot of brands. Here's a glimpse into some of the most important collaborations that MakeMyTrip witnessed in recent years:
- The Indian travel company led by Rajesh Magow was all set to partner with the Ministry of Civil Aviation , as per reports dated November 22, 2021. With this partnership, the popular travel and tourism company was about to ensure the promotion of regional air connectivity via the UDAN scheme. The company planned to power the UDAN flights on the AIRSewa portal and to market the same on its platform as well in order to promote its products and increase visibility and product discovery.
- MakeMyTrip has partnered with IndiGo to launch exclusive charter flights between Mumbai and Phuket in Thailand. The announcement came in on November 10, 2021, where MakeMyTrip, as part of the deal, will ensure end-to-end service assistance, including airport transfers, early check-in and check-out, certificate of entry assistance, premium properties, and more.
- The company entered into a strategic partnership with AmazonPay to offer all-inclusive travel services to Amazon customers that will be enabled by MakeMyTrip and Redbus. This partnership was announced on November 1, 2021.
- The Indian travel major collaborated with Hopper , a leading AI-based travel booking app, on October 14, 2021, which was aimed to help the customers save money with personalized and flexible bookings.
MakeMyTrip - Advertisements and Social Media Campaigns
Ranveer Singh and Alia Bhatt are the brand ambassadors of the MakeMyTrip company, whom the company roped in on February 17, 2016.
MakeMyTrip Campaign
In an effort to draw in new consumers, MakeMyTrip has unveiled a compelling new campaign with ambassadors Alia Bhatt and Ranveer Singh. The campaign aims to draw attention to the platform's distinct value propositions by showcasing its comprehensive room-specific data. MakeMyTrip aims to present a personalized and all-inclusive travel experience, making it the go-to platform for both luxury and functionality, from the appeal of seaside accommodations to useful facilities.
MakeMyTrip - Awards and Achievements
The list of accolades received by the company is quite long. Here are some of them:
- Great Manager Awards - Companies with Great Manager Award 2022.
- Economic Times - Future Ready Organization Award 2022.
- ET Human Capital Awards - Most Inclusive Companies Index Exemplar 2022.
- Most Inclusive Company Index Study - 100 best companies For Women - 2022.
- Best Travel Innovator - Travel Distribution World Asia Awards (2012).
- Singapore Airlines - Top agents award (2010-2011) ; Top Passenger Agent (2007-08).
- Malaysia airlines - Top Agent Award (2007) ; Top agent award (2009) ; Top agent award (2010).
- Cathay Pacific - Outstanding performance in (2009) ; Outstanding Performance (2007).
- Air Mauritius - All India Top Ten Agent/Top North India Sales Award (2007-08); All India Top Ten Agent/Top North India Sales Award (2006-07).
- British Airways - Outstanding Revenue Contribution (2007-08).
- Lufthansa - Outstanding Performance (2006-07).
- Indian Airlines - Achieving Highest Domestic Passenger Sales (2006-07).
- Kingfisher Airlines - Outstanding Performance (2006-07).
- Jet Airways - Award of Excellence (2005-06).
- Air India - Outstanding Contribution to Passenger Sales (2005-06).
MakeMyTrip - Competitors
The main competitors of MakeMyTrip are:
- Booking.com
MakeMyTrip - Future Plans
MakeMyTrip has declared its intention to grow its franchise company throughout the nation's top 100+ cities as per news report of March 31, 2023. By the end of 2023, the company hopes to have 220 active franchisees, having grown by more than 50%.
The franchise network expansion is part of our broader strategy to serve customers in the top 100+ cities of India. The franchise network will help serve those customers who may be more comfortable talking to someone they trust," said Rajesh Magow Co-Founder.
What is MakeMyTrip?
MakeMyTrip is an online travel company founded by Deep Kalra, Keyur Joshi, and Sachin Bhatia in 2000, who were later joined by Rajesh Magow. The company is headquartered in Gurugram, Haryana and offers online travel services including domestic and international holiday packages, hotel reservations, rail, bus and flight tickets.
Who is MakeMyTrip founder?
Rajesh Magow is the co-founder and Group CEO of MakeMyTrip. Rajesh joined Deep Kalra, Keyur Joshi and Sachin Bhatia, the founders of MakeMyTrip, in 2006.
What are the names of MakeMyTrip subsidiaries?
Which is makemytrip origin country.
MakeMyTrip Limited is an Indian online travel company founded in 2000.
What is the total funding amount raised by MakeMyTrip?
To date (2023), MakeMyTrip raised funding worth $748 mn over 6 rounds.
How much is MakeMyTrip's valuation?
MakeMyTrip was last valued at $2.69 billion, in 2019.
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Success story of Make My Trip – How Deep Kalra turned his dream project into reality
There are many success stories in the world which have inspired thousands of youngsters to take the risks and start their own venture. In order to keep you motivated, today, we are going to tell you about one such company which started as a scratch and has now become India’s leading travel platform on the internet.
Under the guidance of Deep Kalra, Make My Trip has grown by leaps and bounds. Want to know about his success story or how did he manage to gain such fame? Read on to this blog.
To begin with, let’s understand what kind of a services Make My Trip offers.
About Make My Trip
The million-dollar company, Make My Trip, is one of the most popular online travel services platforms which provides the facilities like bookings of flight tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets etc. It aims to offer a hassle-free experience to the customers throughout their journey.
How did it begin?
Deep Kalra’s professional career started on a positive note. Soon after completing his MBA from the IIM, Ahmedabad, he went on to work with many big companies such as GE Capital, and ABN AMRO Bank. However, he wasn’t satisfied with this and wanted something more. So, he decided to take a huge risk by quitting his stable and good-paying job. In 1995, he joined an American firm, AMF Bowling, only to realize that this job as well did not worth his talent. As a result, he had to quit yet again.
After exiting the American company, Kalra began the old-age brainstorming session and that’s when he realised the growing dominance of online industry. But the main challenge for him was to choosing a particular niche to start his own startup. Deep did a research meticulously and noticed that with all the brokers, agents & middlemen in place, the online travel booking industry was quite messier at that time.
Hence, with an investment of USD 2 million and three partners, Sachin Bhatia, Keyur Joshi, and Rajesh Magow, Deep Kalra finally launched MakeMyTrip.com in 2000.
However, the company didn’t get off to a good start as within the two years of MMT’s launch, the dot com market crashed, taking down everything that Kalra and his team had begun. Needless to say, it was a very difficult time for Kalra and his company but somehow, he steadied the ship with his firm decisions. Eventually, Kalra’s approach served him well and Make My Trip began to gain the trust of its customers yet again. Once everything got back on track, the travel platform started making awesome revenues in no time. As a result, the company even crossed 1000-cr milestone in 2008.
Founders and the team
Deep Kalra was born in Hyderabad and obtained his bachelor’s degree in Economics from St. Stephen’s College, Delhi in 1990. Later on, he did his MBA from IIM, Ahmedabad in 1992.
Deep’s business partner and Make My Trip’s co-founder, Rajesh Magow is an alumnus of Institute of Chartered Accountants of India (ICAI). Before joining MMT, Magow served as the Regional Head at Aptech Ltd.
Growth in the market
Deep Kalra didn’t have a desirable start when he launched Make My Trip but with his resilience and hard work, he successfully made his brand a monopoly in the market. This can be evident from the fact that the company’s turnover has kept increasing year after year. MMT saw its revenues more than triple in the third quarter of 2020 despite the fear of pandemic across the country.
If we talk about the current scenario, Make My Trip is one of the biggest Online Travel Agents (OTAs) in India, having a base of over seven million happy customers and page views crossing 20 million every month.
Make My Trip came into the limelight when it was listed on NASDAQ in August 2010!
Reason behind MMT’s success
You must have heard the popular saying “No pain, no gain”. MMT and its founders had also faced their fair share of struggle during their journey to success, just every other startup. But what makes them different from other was their smart business strategy. They used those obstacles to expand their reach far beyond the imaginations. No matter how much difficult the times were, Kalra’s company managed to survive all the challenges.
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MakeMyTrip Ltd - Company Profile
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MakeMyTrip Ltd Company profile
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MakeMyTrip Ltd: Segment Analysis
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Business Description
MakeMyTrip Ltd (MakeMyTrip) is an online travel services company. The company operates through its primary website, www.makemytrip.com, and other platforms including goibio.com and redbus.in. It offers various services such air tickets, hotels, packages, bus tickets, rail tickets, car hire, and other services such as travel insurance and visa processing. The company also sells telephone calling cards. It offers products and services to customers travelling to and from India. As on March 31, 2023, MakeMyTrip provided its customers access to about 71,000 domestic accommodation properties, 650,000 hotels and properties outside India, 4,200 bus operators and Indian Railways.
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Business Segments
- Air Ticketing
- Bus Ticketing
- Hotels and Packages
- Other Revenue
Offers facility to book international and domestic air tickets through its internet based platforms. Provides tickets for Indian domestic travel, international travel originating from India, and inbound travel to India from the US and other nations. Offers airline tickets for all major domestic full-service and low-cost airlines operating in India including Air India, Air India Express, Go Air, Indigo Airlines, and SpiceJet, and major international flights that originate from cities in India including Air India, Emirates, British Airways, Lufthansa, Singapore Airlines, Virgin Atlantic, Kenya Airways, Thai Airways, Etihad Airways, AirAsia, Qatar Airways, FlyDubai, Malaysia Airlines, Malindo, and Tiger Airways.
Performance
Offers the facility to book domestic and international bus tickets through internet-based platforms, redBus. Bus tickets inventory is obtained through four channels including real time inventory, inventory from aggregators, inventory from operators, and inventory obtained by agreement with operators.
Provides search, compare, and opt services to customers for making reservations at Indian hotels and a wide selection of hotels outside India. Procures room inventory from its hotel suppliers using three methods such as direct connects, direct allocation, and on request. MakeMyTrip’s ‘Map View’ allow customers to compare hotel locations on an interactive neighborhood map. Also offers pre-packaged vacations prepared by its in-house product specialists, under arrangements with different travel suppliers and its GDS service provider for catering to both individual and group travelers. Packages also include other travel services such as travel insurance, airport transfers, visa processing, and sightseeing.
Offers rail tickets, and car hire services. Provides railway tickets in India through an agreement with Indian Railway Catering and Tourism Corporation (IRCTC). Also facilitates access its internet based platforms to travel insurance companies and other agents, hosts advertisements on its internet websites, brand alliance and technical services from vendors.
Geographical Segments
- South East Asia
- United States
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MakeMyTrip Inc. 60 East 42nd Street, Suite 605, New York NY 10165,Phone - +1 212 760 1511
MakeMyTrip India Pvt. Ltd., DLF Building No. 5 Tower B DLF Cyber City, DLF Phase 2 Sector 25, Gurugram, Haryana 122002, India
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Help Line (US): (1800) 463 4210, (0124) 478 1925
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Travel Company Name Generator & Ideas
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Acquisitions by Make My Trip
Online agency for booking multiple categories of travel services
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Overview of Acquisitions of Make My Trip
- Make My Trip has made 9 acquisitions across sectors such as Online Travel, B2C E-Commerce, Marketplaces and others .
- The company has spent over $750M for acquisitions.
Key Statistics on Make My Trip's acquisitions
List of acquisitions of make my trip, notable acquisitions of make my trip.
Here are the top 5 acquisitions of Make My Trip ranked by their Tracxn Score ( What's this? ):
Recent Acquisitions of Make My Trip
Here are the latest 3 acquisitions of Make My Trip :
Recent acquistions by other companies
- Acquisitions by Hillhouse
- Acquisitions by Mandarin Capital Partners
- Acquisitions by Redwire
- Acquisitions by Impresoft Group
- Acquisitions by WHP Global
MakeMyTrip For Business
Business Travel Super Simplified
Multi-platform booking flow, wide range of hotel options and easy modifications to meet your last-minute needs
Tax Savings with GST Invoices
Assured GST Invoices on flights and myBiz Assured hotels, using which you can easily claim your tax refunds
Inbuilt Expense Management Tool
Single platform for filing expenses and ensuring easy reconciliation
Save on Company Travel Expenses
With special corporate rates on flights & hotels, save your travel budget by paying less for more features
EXPLORE MYBIZ
Online Travel Marketplace of the Year (B2B) awarded to myBiz at the ET Travel & Tourism Awards 2023!
Designed for Everyone in the Organisation
Our features and benefits are curated to suit the needs of every employee using myBiz.
Travel Managers
Who manage company's travel expense
Simplified Admin Panel to manage all employees and their expenses
Detailed reports on regular basis to keep a track on your spends
Expense management tool for easy reconciliation of during-travel spends
Travel Admin
Who book for employees
Book using the traveller's Policy to ensure the right options are booked
Shortlist & share travel options to employees directly from myBiz
Track your requests & get the job done from one single place
Who travel for business
Special Corporate Fares for flights to ensure you get more benefits at reduced price
myBiz Assured Hotels for top-rated stay options
Sanitized Cabs to safely pick & drop you to your destinations
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Invite Your Employees & Start Booking
Invite your employees to myBiz so that they could enjoy all the corporate benefits.
Seamless Access from Everywhere
With our super intuitive and connected web application & mobile app, myBiz is always available to address all your business travel needs.
Business Travellers Love Us
As a result of corporate coding with airlines, 200+ bookings were cancelled with zero cancellation penalty, leading to savings for the company. Not only this, we also received discounts worth almost 20 Lacs— saving almost 15% on overall hotel bookings
Surender Jaglan
Head-Administration, Blackberrys
myBiz has helped us in having a much better access to tier-2 and tier-3 cities by identifying hyper-locations near testing units and providing us with the best prices for quality hotels. We have saved almost 12% on hotel bookings and more than 4 lacs on modification charges !
CHRO, Dr Lal PathLabs
myBiz has, to a large extent, eased the booking process for international air travel for employees and has also provided the feature of online cancellation of itinerary on domestic low cost carriers, lowest fare selection option and its seamless refund process
Shahzad Ahmed
Manager Travel, HR Department, Manipal Technologies Limited
myBiz has helped us in streamlining our booking process, and resolving queries at an exceptional pace. Additionally, having a dedicated account manager to take care of our requirements has proved to be of tremendous help.
Travel Desk Head, Varmora
I have been using myBiz for our company’s air ticket requirement for a while now. It is useful, beneficial and convenient. We will be using it in future also.
High Tech System & Services
myBiz has made my every day work easy to accomplish, reducing the hassle of coordinating with multiple stakeholders. myBiz is just apt for us
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Lead Admin, 1MG
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Case Studies
myBiz powers many of the small, medium & large size organisations to help them save on their travel budget and achieve more from their business travels. Read interesting stories from these organisations.
Helping 1MG Accelerate Business Travel Planning
myBiz understood the need of 1MG to decrease turnaround time on trip planning and booking while ensuring fare transparency
Helping Lal PathLabs Reach Every Corner of the Country with Ease
myBiz understood the need of Dr Lal Pathlabs to integrate company travel policies with real-time approval process, along with clear visibility into the expenditure pattern of travel budget and an estimation of the savings made
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INTEGRATIONS
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- Our Leaders
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- Investor Relations
With our 3 leading brands—MakeMyTrip, Goibibo and Redbus—we are the pioneers of online travel bookings in India. We empower the traveller with easy & instant travel bookings providing comprehensive choices—from flights, hotels & homestays and holiday packages to cabs, buses and trains. What makes our story even stronger is the performance of our newly launched segments that provide travel solutions to corporates & employees, and our comprehensive travel suite for travel agents. Entering the Gulf market is our latest feat, where we offer travel solutions on flights & hotels.
Feb 15, 2024
MakeMyTrip Limited Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2028
Jan 23, 2024
IMAGES
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MakeMyTrip is an Indian online travel company, which was founded in 2000.Its headquarter is located in Gurugram, Haryana, the company provides online travel services including airline tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets. As of June 2023, the company has 146 active franchisees operating in over 100 cities.
Founded by Deep Kalra in the year 2000, MakeMyTrip began its journey by serving the US-India travel market with best-value products & services, powered by robust technology and round-the-clock customer support. After successfully consolidating its position as a customer-first brand, known for its reliability and transparency, MakeMyTrip ...
MakeMyTrip.com, India's leading online travel company was founded in the year 2000 by Deep Kalra. Created to empower the Indian traveller with instant booking and comprehensive choices, the company began its journey in the US-India travel market. It aimed to offer a range of best-value products and services along with cutting-edge technology ...
MakeMyTrip has 5 employees across 12 locations and $593.04 m in annual revenue in FY 2023. See insights on MakeMyTrip including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
Number of Exits. 2. Contact Email [email protected]. Phone Number +118605005566. MakeMyTrip (India) Pvt., Ltd. operates as an online travel company in India. It provides booking services for flights, hotels, and buses; and holiday packages and travel guides. The company was founded in 2000 and is headquartered in Gurgaon, India with ...
In October, the company entered into an agreement to acquire a majority stake in Savaari Car Rentals Private Limited. In August, the company entered into a partnership with the Ministry of Tourism to launch Traveller's Map of India. Up-to-date MakeMyTrip Ltd company overview including funding information, company profile, key statistics, peer ...
MakeMyTrip. MakeMyTrip is a Gurugram based online travel company founded in 2000. It is currently listed on the NASDAQ. Basic Information. MakemyTrip provides online travel services including ...
MakeMyTrip Limited is an online travel company in India. The Company's segments include Air ticketing, Hotels and packages and Bus ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms.
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The com. Other Restaurants, Hotels and Leisure. Gurgaon, India. 4,090 As of 2023 ... Company Name Deal Date Deal Type Deal Size Industry Lead Partner; Savaari: 25-Jan-2024: 0000000000: Application Software: Quest2Travel: 07-Sep-2023:
MakeMyTrip | 653,002 followers on LinkedIn. We are India's one-stop-travel-shop that is transforming how Indians travel. Powered by technology, we're helping India go places with our wide ...
As the pioneer among Online Travel Companies in India, MakeMyTrip heralded a revolution in e-commerce. According to a study conducted by PhocusWright in 2013, MakeMyTrip was marked as the dominant market-leader with 47% market-share. Today, MakeMyTrip enjoys the reputation of being a technology-forward and innovative online travel portal that ...
MakeMyTrip - About. India's leading online travel company, MakeMyTrip, was founded in 2000 by Deep Kalra, Keyur Joshi, Sachin Bhatia and later joined by Rajesh Magow. Headquartered in Gurgaon (Haryana), the company provides online travel services that include flight tickets, domestic and international holiday packages, hotel reservations, and ...
Think about your story when choosing your travel agency business name. 01. Destino Agency. A boutique travel agency selling luxury stays in bucket list destinations. 02. Carefree Stays. A travel agent helping families find the perfect all-inclusive resort. 03. Newage Camping.
The million-dollar company, Make My Trip, is one of the most popular online travel services platforms which provides the facilities like bookings of flight tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets etc. It aims to offer a hassle-free experience to the customers throughout their journey.
Makemytrip (india) Private Limited is a Private incorporated on 13 April 2000. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs. 4,850,000,000 and its paid up capital is Rs. 4,025,962,020. It is inolved in Supporting and auxiliary transport activities; activities of ...
MakeMyTrip Ltd - Company Profile. Powered by. All the data and insights you need on MakeMyTrip Ltd in one report. $295. Buy Report View Sample. Save hours of research time and resources with. our up-to-date MakeMyTrip Ltd Strategy Report. Understand MakeMyTrip Ltd position in the market, performance and strategic initiatives.
MakeMyTrip Inc. 60 East 42nd Street, Suite 605, New York NY 10165,Phone - +1 212 760 1511
Generate the perfect business name for your travel agency! Get Started. 1. Choose Your Travel Company Name Keywords. Pick some travel or vacation-related keywords for our generator tool to use. 2. Get Travel Company Name Ideas. You'll get a long list of name ideas. Then, apply filters to shorten the list and hone in on the best names.
DESCRIPTION. DOWNLOAD. Feb 14, 2024. SC TO-I/A. Tender offer statement by Issuer - amendment. Feb 1, 2024. SC 13G/A. Statement of acquisition of beneficial ownership by individuals - Amendment. Jan 30, 2024.
Xing Xiong. Director. Official investor relations page of MakeMyTrip. Find the latest financial information, reports, and news about MakeMyTrip.
Oct 19, 2016. Ibibo Group. 2007. India. $720M. View all Acquisitions by Make My Trip. Make My Trip has made 9 acquisitions across sectors such as Online Travel, B2C E-Commerce, Marketplaces and others. Savaari, Quest2Travel and Ibibo Group are its latest acquisitions.
The application status of GST registration using TRN can be tracked easily. Here is a step-by-step guide-. Step 1: On the GST portal, click on 'Services.'. Step 2: Click on 'New Registration' under 'Registration.'. Step 3: Click on the TRN or 'Temporary Registration Number' option.
Plan your Business travel, company offsite or flights & Hotels for corporate traveler with GST compliant invoice. Free Registration Complimentary Meals 100% GST Invoice Assured Amenities: 100% GST Assured Invoice. ... Get started by providing minimal details like employee size, organisation name, etc. 2 Set Up Employee-friendly Policy Guidelines .
With our 3 leading brands—MakeMyTrip, Goibibo and Redbus—we are the pioneers of online travel bookings in India. We empower the traveller with easy & instant travel bookings providing comprehensive choices—from flights, hotels & homestays and holiday packages to cabs, buses and trains. What makes our story even stronger is the performance ...