Posts Tagged ‘ Deep Kalra ’
Tuesday, January 31, 2017
MakeMyTrip Ltd, India’s largest online travel services firm, posted an adjusted net loss of $5.9 million in the third quarter, an improvement over the $14.8-million adjusted net loss in the same quarter of the previous fiscal. The NASDAQ-listed company said on Tuesday its revenue less service cost...
The proposed merger of online travel agencies MakeMyTrip Ltd and ibibo Group has inched closer to completion with the Competition Commission of India approving the transaction. MakeMyTrip received a letter from the anti-trust watchdog clearing the merger on Friday, the NASDAQ-listed company said in ...
20 January, 2017 |
Deep Kalra, chairman of India’s largest online travel services firm MakeMyTrip Ltd, has emphasised that the Internet companies need to have a consensus on policies, practices, and standards. “There is an urgent need for the industry to come together and have a cohesive voice. On a single iss...
28 December, 2016 |
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...
26 October, 2016 |
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 |
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 |
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 |
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 |
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 |
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 |