[24][25], Learn how and when to remove this template message, "MakeMyTrip Limited: Private Company Information", "MakeMyTrip bets on hotel business to drive growth", "MakeMyTrip's early-stage investment fund is an extension to M&A strategy: Magow", "MakeMyTrip acquires travel startup Mygola", "MakeMyTrip picks up 28% stake for 95 crore in HolidayIQ to boost hotels & holidays business", "MakeMyTrip invests $5M in travel start-up Bona Vita, acquires 67% stake", https://startuptalky.com/makemytrip-indian-startup-success-story/, "MakeMyTrip acquires Luxury Tours & Travels", "SAIF Partners, MakeMyTrip Buy 76.6% In iXiGO.com For $18.5 Mn", "MakeMyTrip buys My Guest House Accommodation Kochhar and ARA advise", "MakeMyTrip Acquires Majority Interest In Thailand’s ITC Group For $3.2M", "MakeMyTrip acquires Hotel Travel Group for $25 m", "Inspirock attracts seed funding of $3m, unveils new site", "Makemytrip invests Rs 95 crore in HolidayIQ", "MakeMyTrip invests $5 million in former Snapdeal CTO's Bona Vita Technologies", "CCI nod to MakeMyTrip, Ibibo Group merger", "MakeMyTrip Limited and ibibo Group to combine", "MakeMyTrip launches routeplanner – competes directly with iXiGo? He reached the senior levels, but gave it all up to follow a different track. Kovai.co wants to build a world-class SaaS startup from Coimbatore, and in the process, turn the Tier II city into a global SaaS hub. Anand Jain, cofounder of Clever Tap, speaks to Your Story's Business Editor Vishal Krishna about how brands use Clever Tap to engage customers. View the profiles of professionals named "Deep Kalra" on LinkedIn. Deep Kalra General Information Description. Prior to founding MakeMyTrip.com, Mr. Kalra has had corporate stints with GE Capital, AMF Bowling Inc. and ABN AMRO Bank. Deep Kalra is a Co-Founder and serves as Chairman and Group Chief Executive Officer at MakeMyTrip. This created an online travel behemoth that controls 60%-70% of the online travel market. 2010 - September 17: On 17 August 2010, MakeMyTrip Limited was listed on the, 2011: In 2011, the company created several travel related apps for mobile devices. There are 20+ professionals named "Deep Kalra", who use LinkedIn to exchange information, ideas, and opportunities. In 2012, MakeMyTrip launched travel mobile applications for Windows Phone, iPhone, Android, and Blackberry devices. Through its various initiatives, MakeMyTrip has taken the lead in promoting responsible travel amongst members of the hospitality value chain as well as travellers. The Xpert App is an initiative to bring our role models closer to us so that they can be a part of our own success stories and inspire us with their skills, hardwork and dedication towards their passion and dreams. A travel company that takes millions of Indians to different places every year is taking up a bold initiative to bring the spotlight on ‘responsible travel’. Deep Kalra | Gurgaon, Haryana, India | 183 connections | View Deep's homepage, profile, activity, articles Updated: 30 Mar 2016, 01:50 AM … • After three years in banking and exploring various options in marketing (Arvind Mills and Pizza Hut among them), Deep chose to do something ‘crazy’. Mr. After doing his master's in business administration, Deep Kalra took the seemingly conventional route and started his career with ABN Amro Bank and GE Money between 1991 and 1999. "There is an entrepreneur in everyone. Education and Career. Clockwise from top left: Anup Jain, Managing Partner, Orios Venture Partners, Vishal Krishna, Business Editor, YourStory, William Bao Bean, General Partner – SOSV, Radhika Malik, Investment Manager, Samsung Catalyst Fund and Abhay Tandon, Director and Head – Lowe’s Innovation Labs India. Complete devotion for more than a decade and a laser-sharp focus is what has taken for Makemytrip to reach the stage of an IPO and scale to this level. your password Most people would like to work for themselves given a situation where you earn the same amount of money" – Deep Kalra. The acquisition was done through the innovation fund and all employees of MyGola were absorbed into the MakeMyTrip team. 2015 - July: In July 2015, MakeMyTrip invested in the travel information and hotel review portal HolidayIQ and picked up approximately 30% stake in the company. MakeMyTrip has offices in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, and Dubai. He holds a Bachelor’s degree in Economics from St. Stephen’s College, Delhi University, India, and a Master’s degree in Business Administration from the Indian Institute of Management, Ahmedabad, India.. 2005 - September: MakeMyTrip started Indian operations in September 2005, offering online flight tickets to Indian travellers. As of March 31, 2018, the company has 14 company-owned travel stores in 14 cities, including one in their office in Gurugram, over 30 franchisee-owned travel stores which primarily sell packages in approximately 28 cities, and counters in four major airports in India under their brand. [1] Headquartered in Gurugram, Haryana, the company provides online travel services including flight tickets, domestic and international holiday packages, hotel reservations, rail, and bus tickets. In 2016, MakeMyTrip and Ibibo Group, India's largest travel booking portals, merged through a stock transaction. The announcement comes on the day when MakeMyTrip announced its third-quarter results. At TechSparks 2020, experts said startups and corporates are finding greater synergies to navigate through the COVID-19 crisis. EDUCATION &JOB • BA from St Stephen's college, and then an MBA from IIM Ahmadabad. [22], MakeMyTrip offers flight tickets, villas and apartments, rail and bus tickets, cab service, and hotel booking services on its portal. Owing to international expansion, MMT have offices in NewYork, Singapore, Kuala Lumpur, Phuket, Bangkok and Dubai. It was a great entrepreneurial experience but a financial disaster for Deep. His life changed when he found an entrepreneurial opportunity in the field of online travel. See the complete profile on LinkedIn and discover Deep… He also serves as an Executive at Founders United Trust. ; 2005 - September: MakeMyTrip started Indian operations in September 2005, offering online flight tickets to Indian travellers. Deep Kalra was instrumental in acquiring its closest rival, Ibibo Group, in a largely stock acquisition. They also have offices in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, and Dubai. Gaurav Rastogi cofounder of Kuvera.in speaks with Vishal Krishna (left of screen), Business Editor of Your Story on investing for the future. MakeMyTrip Founder Deep Kalra, an active investor in startups, believes the future of India’s startup economy is “super bright.”. The company also started to focus on non-air businesses like holiday packages and hotel bookings. Photo: Ramesh Pathania/Mint How Deep Kalra made his trip 3 min read. Log into your account. He was born in Hyderabad and grew up in Delhi and Ahmedabad. Mr. Kalra founded MakeMyTrip in April 2000. As of 31 March 2018, they have 14 company-owned travel stores in 14 cities, over 30 franchisee-owned travel stores in 28 cities, and counters in four major airports in India. After serving for three years, he decided to start his own venture, and brought AMF bowling. MakeMyTrip route planner provides all the basic required information on more than 10 lakh (1 million) routes in India. MakeMyTrip Founder Deep Kalra, an active investor in startups, believes the future of India’s startup economy is “super bright.” The rise of edtech … Deep started with ABN Amro Bank. Hiren Shah, Founder and Chairman, Vertoz, and Logesh Velusamy, Founder and CEO, Effitrac, explain how to build digital tools for SMBs. Deep Kalra is the founder and CEO of India’s leading online travel company MakeMyTrip.com.Founded in 2000, the company is now the largest e-commerce business in the country and listed its shares on NASDAQ in August 2010. [23] MakeMyTrip also offer metro train tickets for Hyderabad Metro. Welcome! MakeMyTrip also made three acquisitions—Luxury Tours and Travel Private Limited (Singapore), ITC Group Hotel Travel Group, and ETB Group—to enter new markets in. The success story of Deep Kalra is a journey of complete devotion for more than a decade which is still going on so that MakeMyTrip can reach to the next level of success. Deep Kalra is an Indian businessman who is the founder and group CEO of MakeMyTrip, an Indian online travel company. Make my trip-Deep Kalra 1. View Deep Kalra’s profile on LinkedIn, the world’s largest professional community. Make My Trip Founder & CEO, DEEP KALRA. Deep Kalra - Initial Struggles. Post merger, MakeMyTrip shareholders own a 60% stake and Ibibo Group shareholders get a 40% stake. where he learns cheating. 2016 - January: In January 2016, the Chinese travel booking company. Subscribe to our newsletter today! Twitter; We've heard many a time that real businesses take a lifetime to build and Deep Kalra's journey epitomizes this sentiment. MakeMyTrip is an Indian online travel company founded in 2000. Make My Trip avails flight – bus- rail tickets , hotel reservations for international and domestic holiday packages.. Headquartered in Gurugram, MMT expanded itself to company-owned travel stores in 14 Indian cities. Deep Kalra - Education. Through this transaction, MakeMyTrip acquired its rival, Ibibo Group, in one of the biggest acquisition in Indias online travel space. Bachelor's in Economics St Stephen's College, Delhi University, India; MBA, Indian Institute of Management, Ahmedabad, India. ", "MakeMyTrip, Hyderabad Metro launch QR-code based e-tickets for easy mobility", "MakeMyTrip deploys AI to make bookings easier", "MakeMyTrip Ties Up with Visa- About MakeMyTrip", "Lowest price guarantee on Bus ticket-booking on MakeMyTrip.com", "Jet Airways, Makemytrip sweep inaugural Times Travel Honours", "Retailers eye tier II & tier III cities in 2013", "Celebrating Excellence in Asia's Low Cost Aviation and Travel Industry", "Social Media & Mobile in Travel Asia 201327-28th November 2013, Langham, Hong Kong", "MakeMyTrip.com awarded the best Travel & Tourism company in India", "Lonely Planet Magazine India launches first-ever Travel Awards on 3rd May", https://en.wikipedia.org/w/index.php?title=MakeMyTrip&oldid=993432940, Pages with non-numeric formatnum arguments, Articles lacking in-text citations from July 2018, All Wikipedia articles written in Indian English, Articles lacking reliable references from November 2018, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, Booking flights, hotels, holidays, buses, trains and cars, Le Travenues Technology Private Limited which owns Ixigo.com, Best Service Provider Company (tour operators category), Most Preferred Travel and Holiday Website, IMINT Shoppers and Consumer Insights Awards, Travel Distribution World Asia Awards (Budgie & Travel Awards), Porter Prize (named after Michael E Porter), Best Mobile Strategy and Best Mobile Solution, Outlook Traveller Reader's Choice Travel Awards. Kuvera.in's Gaurav Rastogi spoke about the behaviour change that has happened and will happen when it comes to equity investing. History. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory, This startup is making online transactions easy and secure without OTPs, How fish and poultry startup FreshToHome reached EBITDA profitability in Bengaluru and Delhi, Why this Deloitte Director chose to start up in the edtech space after visiting a remote village in Andhra Pradesh, [The Turning point] This IIT Delhi alumnus is empowering farmers with her agritech startup, How COVID-19 impacted India's agritech sector, [Funding alert] Lingerie brand Clovia raises $4M in pre-Series C round, Unwrapping YourStory’s ultimate holiday gift guide, [Year in Review 2020] 30 inspiring quotes on the power of art in the pandemic era, Best of Weekender: From a candid chat with stand-up comic Aravind SA to a look at Chef Manish Mehrotra’s new menu, [Pivot and Persist] Why a part-time job portal evolved into a B2B gig marketplace amid COVID-19. 2015 - April: MakeMyTrip acquired MyGola, a travel planning website, in April 2015. Naspers and Tencent, who jointly owned Ibibo Group, became the single largest shareholder in MakeMyTrip. Now get the Daily Capsule in your inbox. Deep Kalra, founder and executive vice-chairman, MakeMyTrip. Deep Kalra is Chairman/Co-Founder at Makemytrip Ltd. See Deep Kalra's compensation, career history, education, & memberships. Deep Kalra,an alumnus of IIM-A, founded the MakeMyTrip in 2000.He did his graduation in economics and then pursued his MBA from one of the top B-School and like everybody else took up a job.but his urge to do something grand didn’t let him stay in the job … Then to gain some more knowledge he joined GE capital and headed business development. Formerly, worked with leading multinational companies in India in senior capacities, including: started career with ABN AMRO Bank in the corporate banking division; established and managed AMF Bowling's South Asian operations; Vice-President, Business … MakeMyTrip Founder Deep Kalra believes the future of India's startup economy is 'super bright'. your username. Popular YouTuber Saloni Srivastava started HustlePost Academy to cater to people who wanted to use social media to start a business. Clever Tap's Anand Jain said all departments must tap data to retain customers in a world where real-time segmenting is the norm. Deep has 1 job listed on their profile. Edtech startup upGrad has on-boarded over 35,000 paid learners and impacted more than half-a-million individuals globally. 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