MakeMyTrip

News / Technology

MakeMyTrip commits to transactions as India reaches mobile-driven inflection point

By Martin Cowen | November 1, 2015

MakeMyTrip has seen year-on-year triple-digit growth in transaction volumes and reminded the markets that revenues will be hit as a result in the near-term. CEO Rajesh Magow said in the 2016 Q2 ear Read More

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MakeMyTrip sees opportunity in TripAdvisor challenger and Airbnb model

By Kevin May | October 21, 2015

Indian online travel agency giant MakeMyTrip claims a tough period is now behind it as looks to move into new areas for the business. CEO Deep Kalra, speaking at the WebinTravel conference in Singa Read More

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MakeMyTrip targets market share, mobile skyrockets, buys again

By Martin Cowen | July 30, 2015

MakeMyTrip has started to prioritise market share and transaction growth, in response to the "unprecedented smartphone penetration" in the Indian market. CEO Deep Kalra told analysts on the company Read More

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MakeMyTrip buys 28% stake in HolidayIQ for $15 million

By Martin Cowen | July 22, 2015

India's leading travel reviews site, HolidayIQ, has sold a 28% stake to MakeMyTrip for $15 million, with "mobile" very much the focus of the resulting strategic partnership. The investment is being Read More

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Treebo raises $6m as India's hostels get professional

By Martin Cowen | June 24, 2015

Interest from investors in the Indian accommodation sector shows no sign of slowing down, with Treebo picking up its first funding round - $6 million from SAIF and Matrix Partners India. The Bangal Read More

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Inspirock attracts seed funding of $3m, unveils new site

By Linda Fox | June 24, 2015

California-based startup Inspirock has raised seed funding of $3 million with India's MakeMyTrip as its main investor. The founders of the itinerary planning site, Anoop Goyal and Prakash Sikchi, a Read More

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MakeMyTrip planning to make trip planning engaging

By Martin Cowen | May 18, 2015

Indian OTA MakeMyTrip has bought an 18% stake in www.inspirock.com, "an online planning tool for developing customizable itineraries." The deal was made by MakeMyTrip's Innovation Fund, a standalo Read More

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Ixigo joins in as taxis and ride-sharing take hold in India

By Martin Cowen | April 23, 2015

Indian travel search site ixigo.com has launched a metasearch app for taxis and signed a distribution deal with Blablacar as the taxi/ride-sharing sector in India reverberates in the wake of Ola's $40 Read More

News

MakeMyTrip buys travel planning startup MyGola

By Kevin May | April 21, 2015

Online travel agency giant MakeMyTrip has dipped into the coffers of its Innovation Fund to buy fellow Indian travel brand MyGola. Terms of the deal were not disclosed. MakeMyTrip says it has pu Read More

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Stayzilla.com secures $15 million to add non-hotel rooms

By Martin Cowen | February 19, 2015

Indian alternative-accommodation site Stayzilla.com will use its $15 million Series B funding to increase the number of bookable properties to 50,000 by the end of year. Currently it has more 20,00 Read More

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MakeMyTrip adds hotels, gains air share, invests in Simplotel

By Martin Cowen | January 29, 2015

Indian OTA MakeMyTrip has talked up its performance in the quarter to end-Dec but this hasn't prevented a big drop in its share price. The figures which seem to matter to the investors - earnings p Read More

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Looking for a metatrend - Euromonitor goes tech-crazy

By Martin Cowen | November 11, 2014

Euromonitor International's annual trends report, released at World Travel Market last week, was more about digital than destinations, highlighting braggies, online rail bookings, transactional instan Read More

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MakeMyTrip cuts Q2 losses, lifts outbound, bigs up TV ad

By Martin Cowen | November 2, 2014

Indian OTA MakeMyTrip is still in the red, but a good Q2 performance has given it the confidence to tell the markets that its full-year performance will be better than previously expected. For the Read More

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Why the competition between Expedia and Priceline continues to burn brightly

By Viewpoints | October 7, 2014

While online travel retail sales are continuing their steady growth globally, consolidation is increasing among online travel agencies. Both Expedia and Priceline are strengthening their positions Read More

News / Technology

Mobile insights from Cleartrip: 40% traffic, 30% transactions

By Martin Cowen | September 18, 2014

Timing is everything - Cleartrip has released its first-ever Quarterly Insights on Mobile a few days after what the Indian OTA claims was its "busiest ever week on mobile". Headline figures from it Read More

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