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MakeMyTrip is a public company based in Gurugram (India), founded in 2000 by Deep Kalra, Sachin Bhatia, Rajesh Magow and Keyur Joshi. It operates as an Online agency for booking multiple categories of travel services. MakeMyTrip has raised $39M in funding from investors like Elevation Capital, Helion Venture Partners and Tiger Global Management. The company has 1155 active competitors, including 85 funded and 87 that have exited. Its top competitors include companies like Ixigo, Despegar and Traveloka.
Company Details
Online agency for booking multiple categories of travel services. The platform enables users to book trains, flights, hotels, holiday packages, bus tickets, taxi cabs, rental cars, tours, charter flights, and activities. Users can book travel services by providing detailed information including destination, number of travelers, preferred dates, payment details, and more. It also allows users to book home stay and villas.
- Website
- www.makemytrip.com/
- Social
- Email ID
- *****@makemytrip.com
- Phone Number
- +91 **********
Key Metrics
Founded Year
2000
Location
Gurugram, India
Stage
Public
Total Funding
$39M in 6 rounds
Latest Funding Round
Investors
Ranked
1st among 1155 active competitors
Annual Revenue
₹5,490Cr as on Mar 31, 2024
Employee Count
4,579 as on Mar 31, 2024
Exit Details
Public
Legal entities associated with MakeMyTrip
MakeMyTrip is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Aug 26, 2020 | $9.25K (as on Aug 31, 2022) | 1 (as on Aug 31, 2021) | ||
May 10, 2011 | $593M (as on Mar 31, 2023) | - | - | |
Apr 12, 2000 | $663M (as on Mar 31, 2024) | 2319 (as on Oct 31, 2024) |
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MakeMyTrip's funding and investors
Filter this listMakeMyTrip has raised a total funding of $39M over 6 rounds. Its first funding round was on 2000. Its latest funding round was a Post IPO round on May 04, 2017 for $330M. 2 investors participated in its latest round, which includes Gabriel Venture Partners, Naspers, Helion Venture Partners and Elevation Capital.
MakeMyTrip has 12 institutional investors including Elevation Capital, Helion Venture Partners and Tiger Global Management. Ashish Gupta is only Angel Investor in MakeMyTrip.
Here is the list of recent funding rounds of MakeMyTrip:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
May 04, 2017 | $330M | Post IPO | 2391767 | 6856548 | |
Jan 07, 2016 | $180M | Post IPO | 8618064 | 4952790 | |
Oct 10, 2007 | $15M | Series C | 2970219 | 5724270 |
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MakeMyTrip's founders and board of directors
Founder? Claim ProfileThe founders of MakeMyTrip are Deep Kalra, Sachin Bhatia, Rajesh Magow and Keyur Joshi. Rajesh Magow and Deep Kalra are the CEO of MakeMyTrip. Sachin Bhatia has founded 2 more companies - TrulyMadly and BulBul. Deep Kalra has founded 1 more company - Tripmoney.
MakeMyTrip's board has 3 active members. Malaya Kumar Pallai is part of team and Ghanshyam Daga and Vikash Kumar Tiwari are independent board members.
View details of MakeMyTrip's Founder profiles and Board Members
MakeMyTrip's employee count trend
MakeMyTrip has 4,579 employees as of Mar 24. The total employee count is 12.0% more than what it was in Mar 23. Here is MakeMyTrip's employee count trend over the years:Uncover MakeMyTrip's growth story! Sign up today!Access Tracxn on any website
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MakeMyTrip's Competitors and alternates
Top competitors of MakeMyTrip include Ixigo, Despegar and Traveloka. Here is the list of Top 10 competitors of MakeMyTrip, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MakeMyTrip 2000, Gurugram (India), Public | Online agency for booking multiple categories of travel services | $39M | 86/100 | |
2nd | AI-based online platform providing multiple travel services | $96.6M | 86/100 | ||
3rd | Despegar 1999, Miami (United States), Acquired | App-based platform to book multiple travel services | $331M | 82/100 | |
4th | App-based platform for booking multiple categories of travel services | $1.02B | 81/100 | ||
5th | Priceline 1997, Norwalk (United States), Public | AI-powered platform for booking multiple categories of travel services | $77.3M | 80/100 | |
6th | Lastminute 1998, Chiasso (Switzerland), Acquired | Last minute travel booking platform | $25.8M | 78/100 | |
7th | Yanolja 2005, Seoul (South Korea), Series E | Online Agency for Accommodations | $1.94B | 77/100 | |
8th | Eurostar 1990, London (United Kingdom), Series C | App-based multiple travel service booking platform | $130M | 77/100 | |
9th | Expedia 1996, Bellevue (United States), Public | Online platform for booking multiple travel services | $16.3M | 75/100 | |
10th | App-based platform to discover and book multiple travel services | - | 75/100 |
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MakeMyTrip's Investments and acquisitions
Filter this listMakeMyTrip has made 11 investments in companies including Bitla Soft and Gofro. MakeMyTrip has also acquired 11 companies including Happay and Savaari. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 18, 2024 | Acquisition | 2012 | Bengaluru, India | |
Oct 31, 2023 | Acquisition | 2006 | Bengaluru, India | |
Dec 01, 2021 | Acquisition | 2012 | Bengaluru, India |
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Reports related to MakeMyTrip
Here is the latest report on MakeMyTrip's sector:
News related to MakeMyTrip
Filter this listMedia has covered MakeMyTrip for a total of 45 events in the last 1 year, 27 of them have been about company updates and 4 about partnerships.
•
MakeMyTrip plans over $2 billion share, convertible sale to buy Trip.com stakeMoneycontrol•Jun 17, 2025•MakeMyTrip
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MakeMyTrip to Raise Over $2.5 Billion to Buy Back Stake from Trip.comVCCircle•Jun 17, 2025•MakeMyTrip
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MakeMyTrip announces proposed primary offering of ordinary sharesSeeking Alpha•Jun 17, 2025•MakeMyTrip
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MakeMyTrip Announces Proposed Offering of Convertible Senior Notes June 17, 2025Business News This Week•Jun 17, 2025•MakeMyTrip, Trip
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Trip.com Group Announces Updates on Its Investments in MakeMyTripPR Newswire•Jun 17, 2025•Trip, MakeMyTrip
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Two Sigma Advisers LP Acquires New Stake in MakeMyTrip LimitedMarketBeat•May 28, 2025•MakeMyTrip, Two Sigma Investments
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MakeMyTrip Elevates Abhishek Bhasin to VP of Brand & App Performance MarketingAdgully•May 05, 2025•MakeMyTrip, Pernod Ricard
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MakeMyTrip Limited (MMYT) Shares Acquired by Aquatic Capital Management LLCMarketBeat•Apr 30, 2025•Aquatic, MakeMyTrip
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13,200 Shares in MakeMyTrip Limited (NASDAQ:MMYT) Acquired by Sava Infond d.o.o.MarketBeat•Mar 28, 2025•MakeMyTrip, INFOND
•
GQG Partners LLC Makes New $60.47 Million Investment in MakeMyTrip Limited (NASDAQ:MMYT)MarketBeat•Mar 26, 2025•MakeMyTrip, GQG
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