an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . july 2016 learn how and when to remove this template message makemytrip.com traded as nasdaq mmyt industry online travel founded 2000 founder deep kalra headquarters gurgaon haryana india products booking flights hotels holidays buses trains and cars revenue us 255.37 million 2013 14 number of employees 1712 march 2014 1 website makemytrip.com makemytrip inc. is an indian online travel company founded by deep kalra in 2000 . headquartered in gurgaon haryana the company provides online travel services including flight tickets domestic and international holiday packages hotel reservations rail and bus tickets etc. the company has been recognized as one of india s best travel portals . 2 in addition to a full service online portal the company also operates through 65 retail stores 3 across 50 cities in india along with international offices in new york city and sydney . 4 the company holds close to 25 % market share of the ota hotel booking segment . 5 contents 1 history 2 mergers acquisitions and investments 3 products and services 4 work culture 5 awards and recognition 6 see also 7 references 8 external links history edit makemytrip was founded by deep kalra an alumnus of indian institute of management ahmedabad . 6 prior to setting up makemytrip deep had worked with ge capital as vice president of business development retail as well as serving stints with abn amro bank and amf bowlinghai . makemytrip was launched in the us market 7 in 2000 to cater to the overseas indian community for their us to india travel needs . the founding team consisted of deep kalra keyur joshi 8 co founder & chief commercial officer rajesh magow 9 co founder & ceo india formerly chief operating officer & chief financial officer and sachin bhatia ex chief marketing officer . after serving a long tenure of 10 years since the company s inception sachin bhatia 10 quit makemytrip as an active member and decided to work as an independent advisor and a prime shareholder in the company . in august 2013 the company announced the appointment of rajesh magow as ceo india and mohit kabra previously senior vice president finance administration and legal as the chief financial officer . 11 with the success of irctc s indian railways catering and tourism corporation online business model which enabled the indian traveller to purchase railway tickets 12 on the internet things started to look brighter for the travel market in india . this was also the time when low cost carriers entered the indian aviation space . makemytrip started its indian operations in september 2005 13 offering online flight tickets to indian travellers . the company also started to focus on non air businesses like holiday packages and hotel bookings . on 13 august 2010 makemytrip was listed on the nasdaq 14 and went public making a debut in the us market . in 2011 the company strengthened focus on the mobile route by creating several travel related apps 15 for all types of mobile devices smartphones and basic cellphones . in the same year makemytrip also made three acquisitions 16 namely luxury tours and travel private limited singapore le travenues technology private limited gurgaon india and my guest house accommodation new delhi india . makemytrip s other acquisitions include travel operators like itc group and hotel travel group to enter new markets in the south east asian region in the year 2012 . in june 2015 makemytrip invested 3 million in inspirock a vacation itinerary planning website to improve trip planner . 17 in february 2014 makemytrip acquired easytobook an amsterdam based hotel booking portal to strengthen its online hotel bookings segment and also target inbound customers traveling to asia . citation needed in september 2014 makemytrip instituted a 15 million innovation fund to support early stage companies in the travel space . citation needed makemytrip acquired mygola a travel planning website in april 2015 . the acquisition was done through the innovation fund and as part of the acquisition all employees of mygola were absorbed into the makemytrip team . 18 in july 2015 makemytrip invested in travel information and hotel review portal holidayiq to pick up 28 % stake in the company . 19 in the same month it also invested 5 million in bona vita technologies a start up which plans to utilize the funds to build innovative products in the travel industry . 20 in november 2015 makemytrip launched a new offering called value in the quality budget hotels category . 21 in 2016 a chinese travel booking giant ctrip agreed to invest 180 million to makemytrip . 22 mergers acquisitions and investments edit number acquisition investment date company business country ref s 1 may 2011 luxury tours and travel private limited travel agency singapore 23 2 august 2011 le travenues technology private limited which owns ixigo.com online travel meta search engine india 24 3 november 2011 my guest house accommodation budget lodging hotel operator india 25 4 november 2012 itc group tour operator thailand 26 5 november 2012 hotel travel group ht group travel firm thailand singapore and malaysia 27 6 february 2014 easytobook.com etb online hotel operator amsterdam 28 7 june 2015 inspirock online travel planner usa 29 8 april 2015 mygola travel guide start up india 30 9 july 2015 holiday iq online travel portal india 19 10 july 2015 bona vita technologies travel start up india 20 products and services edit flights makemytrip provides flight tickets for travel in all major domestic international as well as low cost carriers operating in india . it caters to travellers for both domestic and international travel from india . apart from this it caters to inbound travel to india from countries like us canada singapore and uae . rail and bus tickets makemytrip sells online rail ticket to its customers offering features like return tickets with single payment option flexi search and automatic alerts and updates on the availability of tickets . it also offers bus tickets across different categories like volvo air conditioned non air conditioned deluxe semi deluxe and sleeper vehicles . cab service makemytrip introduced car hire services on its indian website in may 2010 . it currently provides car hire services in conjunction with holiday package bookings . hotels and packages holidays the company offers hotel reservations in india and international cities alike . there are over 13 000 hotels and guesthouses in india that can be searched and compared online on the makemytrip website . the hotels range from luxury to budget accommodations . in november 2012 makemytrip acquired my guest house accommodation to increase the overall inventory for budget rooms and service apartments . makemytrip also offers a wide selection of hotels outside india . through the acquisition of easytobook.com makemytrip now offers access to more than 184 000 hotels outside india . makemytrip also offers group and customised holiday packages for popular domestic and international destinations . mobile solutions in 2012 makemytrip launched travel mobile applications apps for windows phone iphone android and blackberry devices . the app offers services like flight and bus bookings hotel reservations and holiday packages . it also caters to other post purchase requirements like generating e tickets making cancellations tracking status of refunds and other travel alerts . the travel itineraries available on the apps can be shared on facebook and twitter . route planner makemytrip route planner section provides all basic required information on more than 1 million routes in india . 31 forex makemytrip offers its customers a complete range of forex products including foreign currency notes forex travel cards traveler s cheques demand drafts and international wire transfers in collaboration with bookmyforex 32 work culture edit the company has been consistently ranked among the top 10 great places to work for in india by the great place to work gptw institute and the economic times for four years in a row 2010 to 2013 . 33 awards and recognition edit number year name of the award awarded by ref s 1 2015 most favourite online tour operator award readers travel awards 2015 conde nast traveller 2 2015 runner up in most favoured travel app category readers travel awards 2015 conde nast traveller 3 2014 2013 best travel portal india world travel awards 34 4 2014 2013 e tailer of the year et retail awards 35 5 2014 2013 favourite online travel agent conde nast traveller readers travel award 6 2013 2012 best travel portal outlook traveller reader s choice travel awards 36 7 2013 best travel portal india travel & leisure south asia readers choice awards 8 2013 most innovative b2c company creating consumer friendly technologies travel innovation summit by phocuswright 37 9 2013 website of the year ascendas 10 2013 crisil emerging india awards icici 11 2013 2012 2011 2010 ten best companies to work for in india great place to work institute 38 12 2013 2012 best travel facilitator indian lonely planet travel award 39 13 2013 2009 best travel portal cnbc awaaz travel award 40 14 2012 e retailer of the year star retailer awards 15 2012 best mobile strategy and best mobile solution eyefortravel award 41 16 2012 industry architecture shift porter prize named after michael e porter 42 17 2012 best travel innovator travel distribution world asia awards budgie & travel awards 43 18 2012 leisure and travel e retailer award franchise india e retailer awards 44 19 2012 best online tour company safari india national tourism award 45 20 2012 retailer of the year franchise india awards 46 21 2012 ranked 1st in professional services category great places to work gptw by the economic times 47 22 2011 best online travel service firm times travel honours 48 23 2011 best domestic tour operator times travel honours 48 24 2010 most preferred travel and holiday website imint shoppers and consumer insights awards 49 25 2009 best service provider company tour operators category indian council of market research 50 26 2009 superbrand consumer superbrands india 51 27 2008 most preferred full service online travel agency in india user survey conducted by travelbiz monitor 52 28 2008 most preferred full service ota in india travelbizmonitor 29 2007 best online travel agent ota award galileo express travel world 53 see also edit triphobo tripoto goibibo oyo rooms airbnb headout references edit http investors.makemytrip.com mobile.view c 238356 & v 202 & d 3 & id ahr0cdovl2fwas50zw5rd2l6yxjklmnvbs9mawxpbmcueg1sp2lwywdlptk2ndmxmjcmrfnfut0xjlnfut00msztuurfu0m9u0vdvelptl9qqudfjmv4cd0mc3vic2lkptu3 why did ctrip invest in india s biggest ota makemytrip . forbes . 15 january 2016 . makemytrip s retail store now in coimbatore the hindu business line 12 june 2012 makemytrip branch offices . makemytrip . only 25 % hotels booked online says study . the economic times . 12 january 2016 . subroto bagchi deep kalra making his own trip forbes india 23 march 2010 maggie rauch travel daily china the making of makemytrip and what will drive future growth webintravel 2 may 2011 keyur joshi co founder and coo makemytrip.com pvt. ltd. phocuswright conference . retrieved 20 march 2013 . makemytrip ltd mmyt consolidated issue listed on nasdaq global select bloomberg businessweek . retrieved 18 june 2013 . robin thomas sachin bhatia quits makemytrip to start own venture exchange4media.com 14 january 2010 makemytrip promotes rajesh magow as ceo india . the economic times . 7 august 2013 . deep kalra 38 iim a irctc online business outlook india.com 17 september 2007 makemytrip launches india travel site smartsurat.com . retrieved 20 june 2013 . makemytrip soars after nasdaq listing hindustantimes.com 14 august 2010 makemytrip launches comprehensive mobile suite the hindu business line 11 july 2012 p.r. sanjai makemytrip seeks to diversify business through small acquisitions livemint.com 24 july 2012 inspirock gets 3m seed funding to make vacation itinerary planning easier techcrunch . retrieved on 20 july 2015 . makemytrip acquires travel planning website mygola