MakeMyTrip

News / Online

MakeMyTrip halves loss, sees revenue recovery in all segments

By Linda Fox | July 27, 2022

MakeMyTrip's revenue from air ticket, hotels and bus ticket sales have all improved significantly in the quarter. Read More

News / Online

MakeMyTrip narrows losses, looks to international recovery in 2022

By Linda Fox | May 25, 2022

The OTA reported a full-year loss of $30 million for the year ending March 31, 2022, compared to $68 million for 2021. Read More

News / Online

MakeMyTrip’s TripMoney launches credit card for Indian travelers

By Jill Menze | February 24, 2022

MakeMyTrip’s fintech arm TripMoney and SBM Bank India are launching a rupee-denominated credit card for Indian outbound travelers. Read More

News / Online

Strong recovery in domestic demand boosts MakeMyTrip

By Linda Fox | January 26, 2022

The India-based OTA says it generated revenue of $115 million in the quarter ended December 31, 2021, up 103% on the same quarter in 2020. Read More

News / Online

Amazon to offer travel in India via MakeMyTrip

By Linda Fox | November 3, 2021

The deal is part of Amazon Pay’s bid to add value by offering more services to consumers in the country. Read More

News / Online

MakeMyTrip continues solid revenue rebound

By Kevin May | October 28, 2021

The company says its financial performance leads and is instrumental in the country's travel industry recovery strategy, coinciding with a signifcant decline in COVID-19 infections and the roll-out of... Read More

News / Online

MakeMyTrip weathers Delta variant storm as revenues climb

By Kevin May | July 28, 2021

MakeMyTrip saw revenues jump to $33 million in the second quarter of 2021, despite the Delta variant of COVID-19 hitting travel plans in the company's domestic market. Read More

News / Online

MakeMyTrip optimistic of domestic recovery in second half of 2021

By Linda Fox | May 25, 2021

The company has seen gains from domestic tourism in the third and fourth quarter of its 2021 fiscal year but it expects the impact of the second wave of COVID-19 on its financial results to be greater... Read More

News / Online

EaseMyTrip plans IPO in India

By Linda Fox | March 5, 2021

India-based OTA EaseMyTrip launched in 2018 and offers a range of travel services including flights, hotels, holidays and activities. Read More

News / Online

MakeMyTrip sees 2020 end with some financial improvement

By Linda Fox | February 2, 2021

MakeMyTrip has seen improvement in gross bookings and revenue across its business units for its third quarter 2021 financial earnings. Read More

News / Online

How travel companies are innovating in the Middle East and beyond

By Yeoh Siew Hoon - WebinTravel | November 30, 2020

MakeMyTrip, Wego, Cleartrip and others discuss how they've shaped their strategy in the Middle East during the pandemic. Read More

Interview / Online

How I Got Here, episode 37 - Rajesh Magow of MakeMyTrip

By PhocusWire | August 13, 2020

Mozio's David Litwak and Kevin May of PhocusWire talk with Rajesh Magow about the meteoric rise of India-based MakeMyTrip, one of the country's first online travel agencies to emerge in the 2000s. Read More

News / Online

WATCH: Visualization of the early hit on digital travel revenues from coronavirus

By PhocusWire | July 8, 2020

The first signs of how much impact the crisis has hit the revenues of publicly traded companies became apparent when they released their first quarter earnings reports. Read More

News / Online

Could addiction to debt come back to haunt some online travel companies?

By Steven Lerner | March 25, 2020

If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More

News / Online

MakeMyTrip separates roles of CEO and exec chairman, coronavirus cancellations begin

By Steven Lerner | February 11, 2020

MakeMyTrip’s co-founder and CEO of the India business, Rajesh Magow, has been elevated to group CEO, a role previously held by founder Deep Kalra. Read More

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