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Posts Tagged ‘ Deep Kalra ’

MakeMyTrip Q2 revenue rises 27%, loss triples

Wednesday, October 26, 2016 | More »

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MakeMyTrip Ltd, India’s largest online travel services firm, on Wednesday reported a 27% rise in revenue for the second quarter thanks to strong growth in both air ticketing and hotel booking businesses. The NASDAQ-listed company said revenue for the quarter through September increased to $83.1 mi...

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MakeMyTrip, goibibo and redBus brands will co-exist, says Ashish Kashyap

In February 2000, MakeMyTrip founder Deep Kalra walked out of eVentures’ office near Churchgate station in Mumbai as he was not happy with the valuation that Neeraj Bhargava, managing partner of eVentures India, offered his startup. But on his way to the airport, Kalra had a second thought. He pic...

20 October, 2016 | More »

IBIBO-MMT

Online travel portals MakeMyTrip and ibibo to merge

In the biggest consolidation move in the online travel agency (OTA) space in India, NASDAQ-listed MakeMyTrip Ltd has agreed to buy ibibo Group, which is co-owned by South African technology group Naspers Ltd and Chinese investment firm Tencent, in a stock deal. Naspers and Tencent, which own 91% and...

18 October, 2016 | More »

Deep Kalra

VCC@10: Entrepreneurship risks have reduced, but startup mortality rate rising

India’s startup ecosystem has transformed over the past decade. In this column, part of VCCircle’s 10th anniversary celebrations, MakeMyTrip co-founder Deep Kalra talks about the changes he has noticed. India’s entrepreneurial ecosystem has matured in the last 10 years. Many well-paid ...

4 December, 2015 | More »

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Next wave will come from niche play and not from generic OTAs: Deep Kalra of MakeMyTrip

MakeMyTrip is now 12 years old, having pivoted in 2005 from being an online travel agency (OTA) focused on US-based NRIs to take the first step and eventually emerge as the largest player in the mature Indian OTA business. It was also the time when the Indian air travel market saw its early set of [...

1 November, 2012 | More »

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Deep Kalra on three areas in MakeMyTrip’s focus for acquisitions

NASDAQ-listed Indian OTA MakeMyTrip is exploring three broad verticals for inorganic expansion to grow its business and is looking to use much of the funds raised in the recent past to bankroll the acquisitions, its founder & CEO Deep Kalra told Techcircle.in in an exclusive interaction (watch v...

16 October, 2012 | More »

Deep Kalra on startup funding, niche travel startups & future of OTAs

Founded in 2000, MakeMytrip, which started India operations in 2005, has changed the way we travel. Makemytrip got listed at NASDAQ in the year 2010 in a fairytale listing. The man behind the bid daddy of OTAs, Deep Kalra started his career at ABNAmro bank and worked at GE Capital, but in between hi...

15 October, 2012 | More »

Digirati

Digirati: Top 25 powerful people in Indian digital business

They provide smart insights into hot trends and create strategies that redefine businesses. They innovate opportunities for themselves and others – writing some success stories that inspire awe. Meet the homegrown Steve Jobs, Mark Zuckerbergs and Warren Buffetts who have made waves in the digital ...

15 June, 2012 | More »