India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#78- Valuation
- ₹90,470 Cr
2023 #123 2022 #256 2021 #263
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About MakeMyTrip
MakeMyTrip is a publicly listed company based in Gurugram (India) founded in 2000 by Rajesh Magow, Deep Kalra, and Keyur Joshi. Online bookings for flights, hotels, and travel packages are facilitated. MakeMyTrip has raised $39 million across 8 funding rounds from investors including Ctrip, Naspers and eVentures India. The company has 399 employees. MakeMyTrip has completed 11 acquisitions, including Easytobook, Flamingo Transworld Pvt and Goibibo. Its chief executive, as recorded, is Rajesh Magow. Its website makemytrip.com draws about 42.1 million monthly visits. Its Indian entity Makemytrip (India) Private Limited reported revenue of ₹6,948 Cr. Its focus areas include Consumer, Online Travel, Horizontal and Online Agency. Its competitors include Ixigo and Cleartrip; 2 of its 2 listed competitors have raised funding.
Company details
MakeMyTrip was founded in 2000 and is headquartered in Gurugram, India. An online platform is operated in the travel sector, where bookings and management of arrangements such as flights, hotels, and packages are handled. Services are provided to customers for various travel needs, with operations focused on digital accessibility across regions.
Recognitions & Rankings of MakeMyTrip
- Headquarters Gurugram, India
- Employees 399
- Founders Rajesh Magow, Deep Kalra, Keyur Joshi
- Stage Public
- SectorsTravel & Hospitality
- Website category Travel and Tourism
- Email••••••••
- Phone•••• ••••
- Website makemytrip.com
- Social LinkedIn X Facebook
- Legal Name Makemytrip Limited
Operational Areas
Key Metrics
- Annual Revenue₹6,948 Cr
FY 2025 · +27% YoY
- Net Profit₹815 Cr
FY 2025 · 12% margin
- EBITDA₹937 Cr
FY 2025 · 13% margin
- Total Equity Funding$39M (USD)
in 8 rounds
- Latest Funding Round$3.1B (USD), Post-IPO
Jun 2025
- InvestorsCtrip
& 7 more
- Employee Count399
- Investments & AcquisitionsEasytobook
& 10 more
Associated legal entities of MakeMyTrip
MakeMyTrip operates through Makemytrip (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Makemytrip (India) Private Limited CIN U63040HR2000PTC090846 | Active | 13 Apr 2000 | Gurugram, Haryana | ₹6,948 Cr | 2,533 | 3 | View details |
Apps and channels of MakeMyTrip
MakeMyTrip publishes 1 mobile app with over 100M+ downloads.
MakeMyTrip - Flights & Hotels
Developer: MakeMyTrip—Hotel, Flight, IRCTC Authorised Partner
View on Google PlayFunding Insights of MakeMyTrip
MakeMyTrip has successfully raised a total of $39M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $3.1 billion completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $39M
- Total Rounds 8
- Last Round Post-IPO — $3.1B
- First Round $1M
(Jun 2000)
- Investors Count 8
All 8 funding rounds of MakeMyTrip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $3.1B | Post-IPO | – | – | – |
| Feb 2021 | $200M | Post-IPO | – | – | – |
| May 2017 | $330M | Post-IPO | – | – | |
| Jan 2016 | $180M | Post-IPO | – | – | |
| Oct 2007 | $15M | Series C | – | Tiger Global Management | |
| Dec 2006 | $13M | Series B | – | Helion Venture Partners, Sierra Ventures | |
| May 2005 | $10M | Series A | – | Elevation Capital | – |
| Jun 2000 | $1M | Seed | – | – |
Valuation history
8 investors in total: 7 institutional and 1 angel.
Investors in MakeMyTrip
MakeMyTrip has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ctrip, Naspers and eVentures India.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa | |
Early to late-stage venture capital is invested in Indian sectors. | helionvc.com | Gurugram, India | ||
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | sierraventures.com | |||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com | Delhi, India | ||
Multiple travel services including flights and hotels are booked online. | 1999 | ctrip.com | Shanghai, China | |
Limited information available | eventureindia.com | Bengaluru, India | ||
AG Ashish Gupta | Angel investor, tech veteran, ex-Helion Ventures, active in Indian startup ecosystem | unknown_9d7eb00f50f744d19 |
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Investor details for MakeMyTrip
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Board of directors of Makemytrip (India) Private Limited (MakeMyTrip)
Makemytrip (India) Private Limited is the primary company behind MakeMyTrip. The board of Makemytrip (India) Private Limited currently have 3 directors; the longest-serving is Vikash Kumar Tiwari, appointed in 2021. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikash Kumar Tiwari DIN 02038571 | Whole-time director | 08 Jan 2021 | 5 yrs 9 mo | Makemytrip (India) Private Limited |
| Ghanshyam Daga DIN 09378288 | Whole-time director | 29 Oct 2021 | 5 yrs | Makemytrip (India) Private Limited |
| Malaya Kumar Pallai DIN 10157054 | Whole-time director | 11 May 2023 | 3 yrs 5 mo | Makemytrip (India) Private Limited |
People of MakeMyTrip
218 people are tracked at MakeMyTrip (87 in leadership, 131 in team); the tracked headcount is 399.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership | |
| Co-Founder & Co-CEO | Leadership | |
| Co-Founder | Leadership | |
Sanjay Mohan | Group CTO | Leadership |
Raj Rishi Singh | CMO & Chief Business Officer, Corporate | Leadership |
Nishant Gupta | Associate Director Of Technology | Leadership |
Vipul Gupta | Vice President - Holidays And Experiences | Leadership |
Anish Khandelwal | Director Of Technology | Leadership |
Abhijeet Sharad | Vice President | Leadership |
Shobhit Saxena | Region Head West, Corporate Channel | Leadership |
Daksh Sharma | Director- Corporate Channel | Leadership |
Sasidhar Koti | Director Of Engineering | Leadership |
Krithikha | Regional Head -corporate - Key Accounts | Leadership |
Mehak Monga | Head (nurturing) - Key Accounts | Leadership |
Sambit Sarangi | CTO - Tech Platform | Leadership |
Dhiraj Indhankar | Director Of Technology | Leadership |
Shashilpi Krishan | Vice President Of Infrastructure | Leadership |
Jaipal Deswal | Sr. Vice President Technology Development | Leadership |
Barath Thangaraj | Vice President Of Technology Development | Leadership |
Ajith Kumar | Vice President- International Hotels | Leadership |
198 more people are available in the full profile.
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Complete people profiles for MakeMyTrip
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IPO & Listings of MakeMyTrip
MakeMyTrip is a publicly listed company on the NASDAQ with ticker symbol MMYT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Aug 2010
- Listed onNASDAQ: MMYT
- Listed entityMakeMyTrip Limited
- Exchange sectorTechnology services
- ISINMU0295S00016
- Share price$44.70 (+0.81% on the day) · 2026-10-13
- Market capitalisation$4.20B
- Price to earnings134.4
- EPS (diluted, trailing year)$0.33
- Volume (last session)954,927
Financials of MakeMyTrip
Figures of Makemytrip (India) Private Limited, the primary company behind MakeMyTrip, for FY 2025. Revenue was ₹6,948 Cr (+27% year on year). Net profit was ₹815 Cr (12% margin). EBITDA was ₹937 Cr (13% margin). Revenue has grown at a compounded annual rate of +58% over three years and +17% over five years.
- ₹6,948 CrRevenue · FY 2025 · +27% YoY
- ₹815 CrNet profit · 12% margin
- ₹937 CrEBITDA · 13% margin
- ₹404 CrPaid-up capital
- 2,533Employees (provident fund records)
- +58%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.04B | $51.8M | $182.8M |
| 2024 | $978.3M | $95.1M | $147.1M |
| 2023 | $782.5M | $216.8M | $92.0M |
| 2022 | $593.0M | -$11.3M | $48.2M |
| 2021 | $303.9M | -$45.4M | -$275,000 |
Balance sheet, profit and loss, cash flow and ratios of Makemytrip (India) Private Limited are on its company page.
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Detailed financial statements for MakeMyTrip
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Investments & Acquisitions by MakeMyTrip
MakeMyTrip has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Easytobook, Flamingo Transworld Pvt and Goibibo.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Travel services encompassing international and domestic tour packages, with a focus on Indian traveler preferences and support. | flamingotravels.co.in | Ahmedabad, India | 1996 | Mar 2026 | •••• | |
Expense management software and corporate cards are offered to businesses. | happay.com | Bengaluru, India | 2012 | Nov 2024 | •••• | |
App-based intercity ride-hailing aggregator | savaari.com | Bengaluru, India | 2006 | Oct 2023 | $1.01M | |
Corporate travel management solutions are delivered via a SaaS platform. | quest2travel.com | Mumbai, India | 2000 | Apr 2019 | •••• | |
Multiple online travel services are offered across various verticals. | ibibo.com | Gurugram, India | 2007 | Oct 2016 | $1.8B | |
Online travel portal offering bookings for flights, hotels, holidays, bus tickets & car rentals | goibibo.com | Gurugram, India | 2007 | Oct 2016 | •••• | |
Customizable travel itineraries are discovered and booked via an app. | mygola.com | San Francisco, United States | 2009 | Apr 2015 | •••• | |
Online hotel bookings are facilitated via a global marketplace. | easytobook.com | Amsterdam, Netherlands | 2004 | Feb 2014 | $5M | |
Turnkey infrastructure projects and building construction services are provided. | itcbangkok.com | Bangkok, Thailand | 1969 | Nov 2012 | $3.2M | |
Online hotel bookings are enabled via a global web portal. | hoteltravel.com | Phuket, Thailand | 1999 | Nov 2012 | $25M |
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Complete acquisition details for MakeMyTrip
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Timeline of MakeMyTrip
14 dated milestones of MakeMyTrip across 26 years, from founding to its latest funding, stage changes and deals.
- Founded MakeMyTrip is founded.
- Funding First funding round of $1.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires HotelTravel.com.
- Acquisition Acquires ITC Bangkok.
- Acquisition Acquires Easytobook.
- Acquisition Acquires Mygola.
- Acquisition Acquires Goibibo.
- Acquisition Acquires Ibibo Group.
- Acquisition Acquires Quest2Travel.
- Acquisition Acquires Savaari.
- Acquisition Acquires Happay.
- Funding Latest funding round, Post-IPO, of $3.1B.
- Acquisition Acquires Flamingo Transworld Pvt.
Competitors of MakeMyTrip
MakeMyTrip has 2 listed competitors in our database, 2 of them funded. They include Ixigo and Cleartrip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ixigo.com | 2007 | Gurugram, India | $96.62M | 535 | Online platform providing multiple travel booking services | |
| cleartrip.com | 2005 | Bengaluru, India | $69.5M | 1,168 | App-based platform for booking multiple categories of travel services |
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Detailed competitors of MakeMyTrip
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Web traffic of MakeMyTrip
The website of MakeMyTrip (makemytrip.com) receives about 42.1M visits a month and ranks #791 among all websites worldwide, #13 in Travel and Tourism.
- Monthly visits42.1M
▼ 13.6% vs previous month
- Unique visitors20.2M
per month
- Global rank#791
among all websites
- Category rank#13
Travel and Tourism · Travel and Tourism
Visitor engagement
- Bounce rate42%
- Pages per visit4.7
- Average visit4 min 30 sec
- DevicesDesktop 28% · Mobile 72%
Similar websites
Websites whose visitors overlap most with MakeMyTrip. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| goibibo.com | 100% | 16.3M | #2,741 | View details | |
| ixigo.com | 96% | 11M | #3,451 | View details | |
| cleartrip.com | 92% | 6.1M | #7,915 | View details | |
| irctc.co.in | 87% | 74.2M | #425 | View details | |
| redbus.in | 83% | 19.4M | #1,951 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in Online Travel
3 companies that operate in the same segment as MakeMyTrip (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 425 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M |
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Related news about Makemytrip
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Frequently Asked Questions about MakeMyTrip
MakeMyTrip was founded in 2000.
MakeMyTrip is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Rajesh Magow is the CEO of MakeMyTrip, as recorded in our data. They have also founded this company.
MakeMyTrip is a funded company, having raised a total of $39M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jun 2000.
MakeMyTrip has 399 employees.
The primary company behind MakeMyTrip, Makemytrip (India) Private Limited, reported revenue of ₹6,948 Cr for FY 2025, up 27% year on year.
MakeMyTrip was founded in 2000 and is headquartered in Gurugram, India. An online platform is operated in the travel sector, where bookings and management of arrangements such as flights, hotels, and packages are handled. Services are provided to customers for various travel needs, with operations focused on digital accessibility across regions.
Yes, MakeMyTrip is publicly traded on NASDAQ under the ticker symbol MMYT.
MakeMyTrip has made 11 acquisitions, including Easytobook, Flamingo Transworld Pvt, and Goibibo.
MakeMyTrip has 8 investors. Key investors include Ctrip, Naspers, eVentures India, Helion Venture Partners, and Sierra Ventures.
MakeMyTrip operates through Makemytrip (India) Private Limited.