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Posts Tagged ‘ MakeMyTrip ’

MakeMyTrip raising around $75M through fresh issue; product head Amit Somani quits

Tuesday, March 11, 2014 | More »

makemytrip
NASDAQ-listed Indian online travel services firm MakeMyTrip Ltd (MMT) is looking to raise up to $75 million in fresh capital by selling 3 million shares, the company said on Monday. The overall issue is worth a little over $110 million of which around $35 million will go to some existing shareholder...

startups

Indian tech startups enter Unicorn Club with billion dollar valuation; many more in queue

2013 was a year of reckoning for the Indian startup ecosystem, especially in terms of validation of many business models by global peers. While South Africa’s Naspers acquired redBus to enter online bus ticketing market, US-based Endurance International Group bought out parts of Mumbai-based D...

7 March, 2014 |More »

Manish-Kalra

MakeMyTrip’s Manish Kalra joins Amazon India as integrated marketing head

Manish Kalra, who quit as the marketing head of NASDAQ-listed online travel services firm MakeMyTrip (MMT) early last month, has joined Amazon India as its head of integrated marketing, according to a report by Afaqs, quoting sources. Kalra will be based out of Amazon’s headquarters in Bangalore. ...

25 February, 2014 |More »

makemytrip

MakeMyTrip’s Q3 net revenue climbs 27.7% as air ticketing growth accelerates; hotel booking continues to outpace

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 27.7 per cent rise in revenues less service costs which stood at $28.5 million for the third quarter ended December 31, 2013 over the year-ago period. Overall revenues rose 9.6 per cent to $69.9 million in the quarter even as gros...

30 January, 2014 |More »

Manish-Kalra

MakeMyTrip’s marketing head Manish Kalra quits

Manish Kalra, the marketing head of NASDAQ-listed online travel services firm MakeMyTrip (MMT), has put in his papers. While his next move is unknown, he is currently serving a notice period at the company, according to an Afaqs report. Kalra had been with MMT for over three years, and had joined th...

10 January, 2014 |More »

makemytrip

MakeMyTrip’s Q2 revenue climbs 15.6% as air ticketing business swings to growth; hotel booking continues to outpace

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 15.6 per cent rise in revenues less service costs which stood at $23.3 million for the second quarter ended September 30, 2013 over the year-ago period. Overall revenues rose 3.8 per cent to $47.4 million in the quarter while gros...

31 October, 2013 |More »

voxapp

Cloud-based mobile survey platform VoxApp raises funding from MakeMyTrip co-founder and others

Delhi-based startup VoxApp Pvt Ltd, which offers a cloud-based mobile surveys platform for research companies and brands, has received an undisclosed amount in angel funding from a string of individual investors besides Blume Ventures and Palaash Ventures, a Delhi-based early stage fund. Sachin Bh...

26 August, 2013 |More »

makemytrip

MakeMyTrip clocks $9M loss on $26M revenue in Q1; hotel booking generates 41.7% of revenue, air ticketing revenue down again

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 8.9 per cent rise in revenues less service costs which stood at $26 million for the first quarter ended June 30, 2013 over the year-ago period. Overall revenues rose 20.3 per cent to $77.1 million in the quarter while gross bookin...

7 August, 2013 |More »

Rajesh-Magow-Mohit-Kabra

MakeMyTrip promotes Rajesh Magow as India CEO; Mohit Kabra is new CFO

NASDAQ-listed online travel services firm MakeMyTrip Ltd has promoted Rajesh Magow as chief executive officer, India. Magow is a co-founder at MMT and was its chief financial officer (CFO) since 2005. More recently, he assumed additional responsibilities as chief operating officer (COO), providing s...

7 August, 2013 |More »

tripfactory-screenshot

Excl: Via.com founders launching new travel search venture Trip Factory

Vinay Gupta, co-founder and CEO of online travel agency Via.com, and Amit Aggarwal, co-founder and CTO of Via, have launched Tripfactory Pte Ltd, a new internet venture related to the travel sector. Tripfactory which runs a yet to be launched travel search site Trip Factory, has been incorporated i...

22 July, 2013 |More »

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