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MakeMyTrip: A Dominant Force in India's Online Travel Sector MakeMyTrip Limited, headquartered in Gurgaon, has established itself as a leading player in India's online travel market since its inception in 2000. The company offers a comprehensive suite of travel services, encompassing airline tickets..., both domestic and international holiday packages, hotel bookings, and rail and bus ticket reservations. MakeMyTrip's reach extends globally, with international offices strategically located across New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai, and Istanbul. A significant milestone in the company's trajectory was the acquisition by Ctrip/Trip.com Group in 2019. This move solidified Ctrip's position as MakeMyTrip's largest shareholder, marking a pivotal moment in the company's expansion. Further solidifying its dominance in the Indian market, MakeMyTrip acquired the Ibibo group in 2016. This acquisition brought prominent brands like Goibibo and Redbus.in under its umbrella, substantially expanding its market share and service offerings. The company's strategic acquisitions and broad service portfolio position MakeMyTrip as a key player in the evolving Indian and global travel landscape.

MakeMyTrip Overview

Image Source : Wikipedia
  • Company type Public
  • Industry Online travel
  • Founded 2000
  • Founders Deep Kalra
  • Headquarters Gurgaon, Haryana, India
  • Area served Worldwide
  • Key people Deep Kalra (chairman), Rajesh Magow (CEO), Sanjay Mohan (CTO), Mohit Kabra (CFO)
  • Services Booking flights, hotels, holidays, buses, trains and cars
  • Revenue US$593.0 million (2023)
  • Number of employees 3,338 (2022)
  • Website www.makemytrip.com

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MakeMyTrip history

Last Updated : 19/03/25, 02:58 AM
MakeMyTrip: A Journey of Expansion Founded in 2000 by IIM-Ahmedabad alumnus Deep Kalra, MakeMyTrip initially catered to the Indian diaspora in the US. Expanding to India in 2005, the company quickly established itself as a leading online travel platform, offering flight tickets, holiday packages, an...d hotel bookings. Its 2010 Nasdaq listing marked a significant milestone. Strategic acquisitions followed, including Luxury Tours and Travel, ITC Group Hotel Travel Group, and ETB Group, expanding its reach into Southeast Asia and Europe. Initiatives like RoutePlanner (2012) and a $15 million innovation fund (2014) showcased its commitment to technological advancement and supporting startups. Further acquisitions, such as MyGola (2015) and a stake in HolidayIQ, strengthened its market position. Significant investments from Ctrip (2016) and the subsequent merger with Ibibo Group solidified MakeMyTrip's dominance in the Indian travel market, with Naspers initially becoming the largest shareholder before Ctrip increased its stake to 49% in 2019. The acquisition of Quest2Travel (2019) and the launch of myPartner (2020) for travel agents demonstrated continued growth. Partnerships with Amazon Pay (2021) and the acquisition of BookMyForex by its fintech arm TripMoney (2022) further broadened its services. MakeMyTrip's trajectory reflects a strategic evolution from a niche player to a major force in the global travel industry.

MAKEMYTRIP NEWS

Ruined Goa trip costs MakeMyTrip, Go Air Rs 1.39 lakh after consumer body steps in

June 17, 2026 5:38 pm

The consumer body was hearing a complaint filed by a man and his family against MakeMyTrip India Private Limited and Go Airlines (India) Limited, popularly known as Go First.

After 9 years, MakeMyTrip settles 2017 dispute with Rs 2.73 lakh payout: Why apex consumer body closed case

April 30, 2026 5:46 pm

The top consumer body was hearing a first appeal filed by the company against a February 25, 2024 decision of the Maharashtra State Consumer Disputes Redressal Commission that had awarded compensation to the complainants.

Travel firm told to refund Rs 85,588 to Punjab resident for cancellation of β€˜honeymoon’ trip

July 29, 2025 2:16 am

The Go Airlines (India) Limited failed to file its written version within the stipulated period granted by the commission

MakeMyTrip posts $29.2 million profit in Q4

May 14, 2025 8:20 pm

The company reported a net profit of $171.9 million in the January-March quarter of the previous financial year.

β€˜If anything happens to me and my family...’: influencer slams MakeMyTrip over driver's β€˜threat’ in Rajasthan

April 15, 2025 5:55 pm

In an Instagram video, Naya Khullar says that a MakeMyTrip driver arrived late, demanded payment, behaved aggressively and threatened to follow her family back home to Delhi.

With MakeMyTrip founder as a member, IIMA forms high-powered committee to look into student's suicide

November 15, 2024 9:38 pm

Second-year PGP student Akshith Bhukya, 24, was found dead in his hostel room on the new campus on September 26

Consumer commission orders MakeMyTrip to refund Rs 3.77 lakh to family over visa refusal

November 01, 2024 9:48 pm

Chandigarh family denied Europe visa; travel firm directed to compensate for service deficiency

More Indians taking multiple foreign trips a year, new destinations gain popularity: MakeMyTrip

September 03, 2024 10:36 pm

The top 10 countries of interest for Indians in the June 2023-May 2024 period remained the same as the previous yearsβ€”led by the United Arab Emirates (UAE), Thailand, United States (US), Singapore, and Indonesia.

Travel, tourism industry urges govt to consider uniform 12% GST rate for hotels

July 10, 2024 10:06 pm

"We urge the finance minister to consider a uniform GST rate of 12 per cent on hotels in Union Budget FY25. This will help simplify the compliance processes," online travel services provider MakeMyTrip co-founder and Group CEO Rajesh Magow said.

This Independence Day, Ministry of Tourism partners with MakeMyTrip to showcase 600+ must-see destinations in country

August 14, 2023 1:18 pm

This initiative led to the development of a unique 'Traveller's Map of India' microsite which allows travel enthusiasts to discover hidden tourism gems based on their preferences

πŸ‘ Delison custodial death
The 100-day vigil: How a custodial death case ended in a state-ordered cremation
India19 min ago

After 100 days, the body of 26-year-old Dalit man Akash Delison was finally removed from a government hospital and cremated under police protection. His family had demanded justice for his alleged death in police custody and refused to accept the body until all 16 involved officers were arrested. Despite actions taken, their demand for accountability remains unmet.

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