MakeMyTrip

haunted financial
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
mmt q3 2020 cover
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
earnings preview online travel february 2020
News / Online
Google, Barry Diller, annual marketing spend - what to watch in upcoming online travel earnings
By Steven Lerner | February 3, 2020
Here are six important questions regarding the upcoming earnings for online travel companies.   Read More
makemytrip-trip-ideas
News / Online
MakeMyTrip takes next step in quest to become travel super app
By Mitra Sorrells | January 9, 2020
MakeMyTrip now displays destination videos with booking links in its mobile apps, as part of its effort to be a travel super app. Read More
amazon-redbus-india-partnership
News / Online
Amazon expands travel offerings in India with RedBus partnership
By Mitra Sorrells | December 4, 2019
Amazon in India is adding bus ticketing through a partnership with RedBus. Read More
MakeMyTrip reports $181M in quarterly revenue, touts growing customer base
News / Distribution
MakeMyTrip reports $181M in quarterly revenue, touts growing customer base
By Steven Lerner | November 4, 2019
The India-based online travel agency saw gross bookings grow 20.6% year-over-year to $1.5 billion, at the same time as cutting marketing expenses by 10.5% to $40.1 million. Read More
makemytrip-q1-2020
News / Online
MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions
By Linda Fox | July 30, 2019
Group chairman and chief executive Deep Kalra hailed “strong business growth” in the “peak travel quarter” despite softer domestic demand. Read More
India, part 1: A vast travel opportunity, now led by digital
News / Online
India, part 1: A vast travel opportunity, now led by digital
By Mitra Sorrells | July 8, 2019
For part 1 in our month-long look at India we explore the overall travel market and implications of the country's growing, young and socially-active population. Read More
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
News / Distribution
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
By Mitra Sorrells | May 21, 2019
Operating losses have decreased and revenue and bookings are up for India's largest online travel agency, MakeMyTrip. Read More
MakeMyTrip acquires Quest2Travel
News / Online
MakeMyTrip enters corporate travel space with majority stake in Quest2Travel
By Mitra Sorrells | May 1, 2019
This investment will help MakeMyTrip extend its service offerings to large corporates. Read More
Ctrip controls half of MakeMyTrip shares after swap deal with Naspers
News / Online
Ctrip controls half of MakeMyTrip shares after swap deal with Naspers
By Kevin May | April 29, 2019
Ctrip gives up 6% of its shares in order to gain a 49% stake in MakeMyTrip, the Indian online travel agency where it's had an interest for over three years. Read More
MakeMyTrip posts gains in revenue and bookings as overall loss figure narrows
News / Online
MakeMyTrip posts gains in revenue and bookings as overall loss figure narrows
By Kevin May | January 24, 2019
Total gross booking volumes hit $1.41 billion, up by 32% on the same period in 2017 - pushing loss figure down to $22.9 million. Read More
Phocuswright Conference 2018 India executive interview
News / Distribution
VIDEO: MakeMyTrip and Yatra on the future of the Indian travel market
By Mitra Sorrells | December 11, 2018
Cheap smart phones, cheap data and a proliferation of mobile payment options are spurring massive adoption of mobile shopping in India.   Read More
MakeMyTrip soft launches experiences as it reports gains across air and hotel units
News / Online
MakeMyTrip soft launches experiences as it reports gains across air and hotel units
By Linda Fox | October 29, 2018
MakeMyTrip Group has reported an increase of 27% to gross bookings of more than $1.2 billion for the second quarter of 2019 fiscal year. Read More
Phocuswright Conference 2018 preview Rajesh Magow
Interview / Online
In the green room at Phocuswright with... Rajesh Magow
By PhocusWire | October 2, 2018
With responsibility for MakeMyTrip’s business strategy and operational leadership in India, Magow has helped the company become a leader in the country’s online travel industry, with more than $4... Read More