Make My Trip
In FY20, 39 million jobs were created in the tourism sector in India, which was 8.0% of the total employment in the country.
Make My Trip is India’s leading online travel company which provides Indian traveller with instant bookings and comprehensive choices. It initiated its services by serving the US-India travel market in 2000 offering a range of best-value products and services powered by technology and round-the-clock customer support. It started its operations in India in 2005. It has proactively diversified its products offering by adding a variety of online and offline products and services.
Company Website: www.makemytrip.com
Make My Trip – It’s all about travel
| 2022 |
In February 2022, Makemytrip’s fintech arm and SBM bank launched a rupee-denominated credit card for Indian travellers. |
| 2021 |
In September, MakeMyTrip announced plans to add 15,000 alternative properties over the next 18 months. In August the Ministry of Tourism signed a MoU with MakeMyTrip to promote hotels and stay properties that have self-certified themselves on SAATHI (System for Assessment, Awareness & Training for the Hospitality Industry) on the platform. In May, MakeMyTrip launched isolation facilities (for quarantine) in partnership with 500 hotels across the country |
| 2019 |
MakeMyTrip launched myPartner platform for travel agents |
| 2019 | MakeMyTrip Limited acquired majority stake in Quest2Travel.com |
| 2017 | It consolidated with Goibibo. The consolidation was considered as the biggest consolidation in the travel space |
| 2016 | It announced the merger with Goibibo, one of the biggest rivalry in the online travel space |
| 2010 | It bagged second position in ‘Great Places to Work’ survey. It also filled for an IPO of Rs 455.8 crore (US$ 100 million) on NASDAQ in 2010. |
| 2009 | Expanded business to bus ticketing services and introduced multi city booking reservations. It also launched itself in the Emirates Markets with www.makemytrip.ae. |
| 2008 | Introduced domestic holiday packages for Indian travellers and hotel searches. |
| 2005 | Started operations in India. Raised first major round of funding of Rs 44.28 crore (US$ 10 million) from SAIF partners |
| 2000 | Started operations as an online portal focused on the US-India travel market |
- India’s leading online travel company
- Super app – one stop for end to end booking travel services
- Revenue stood at US$ 511.52 million in FY20
- Q1 FY22 revenue: US$ 32.8 million
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