MakeMyTrip

MakeMyTrip Limited
Company typePublic
NasdaqMMYT
IndustryOnline travel
Founded2000; 24 years ago (2000)
FounderDeep Kalra
Headquarters,
India
Area served
Worldwide
Key people
ProductsBooking flights, hotels, holidays, buses, trains and cars
RevenueIncrease US$593.0 million (2023)[1]
Number of employees
3,338 (2022)
Websitewww.makemytrip.com Edit this at Wikidata

MakeMyTrip Limited is an Indian online travel company, which was founded in 2000.[2] 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.[3] MakeMyTrip also has international offices located in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai, and Istanbul.[4]

In September 2019, Ctrip/Trip.com Group, the largest online travel agency in China and one of the largest travel service providers in the world,[5] completed a share exchange with Naspers and became the single largest shareholder of MakeMyTrip.[6][7]

In 2016, MakeMyTrip acquired the Ibibo group, which owned sites such as Goibibo and Redbus.in.[8]

  1. ^ Khosla, Varuni (16 May 2023). "MakeMyTrip's FY23 net loss narrows". mint.
  2. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  3. ^ Haris, Mohammad (29 March 2023). "MakeMyTrip To Expand Footprint in India, Aims to Grow Franchisees By 50% In 2023". News18. Retrieved 10 August 2023.
  4. ^ "Story of MakeMyTrip, the Revolutionary E-commerce". The CEO Magazine India. Retrieved 10 August 2023.
  5. ^ "Where The Big Four Online Travel Agencies — Expedia, TripAdvisor, Ctrip, & Priceline — Are Placing Their Bets". CB Insights Research. 9 November 2017.
  6. ^ "Completion of Naspers share exchange transaction with Ctrip" (Press release). Naspers. 5 September 2019.
  7. ^ "Ctrip Announces Share Exchange Transaction with Naspers" (Press release). PR Newswire. 26 April 2019.
  8. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).