About MakeMyTrip
MakeMyTrip is a company based in Gurugram (India) founded in 2000 by Rajesh Magow, Deep Kalra, and Keyur Joshi.. MakeMyTrip has raised $39 million across 7 funding rounds from investors including Ctrip, Naspers and eVentures India. The company has 5,120 employees as of March 31, 2024. MakeMyTrip has completed 10 acquisitions, including Easytobook, Goibibo and Happay. MakeMyTrip operates in a competitive market with competitors including Ixigo, Despegar, Traveloka, Priceline and Lastminute, among others.
- Headquarter Gurugram, India
- Employees 5120 as on 31 Mar, 2024
- Founders Rajesh Magow, Deep Kalra, Keyur Joshi
- Stage Public
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Makemytrip Limited
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Annual Revenue
$978.34 M25.02as on Mar 31, 2024
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Net Profit
$95.1 M-56.13as on Mar 31, 2024
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EBITDA
$147.13 M59.96as on Mar 31, 2024
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Total Equity Funding
$39 M (USD)
in 7 rounds
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Latest Funding Round
$3.1 B (USD), Post-IPO
Jun 17, 2025
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Investors
Ctrip
& 7 more
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Employee Count
5120
as on Mar 31, 2024
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Investments & Acquisitions
Easytobook
& 9 more
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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.
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Funding Insights of MakeMyTrip
MakeMyTrip has successfully raised a total of $39M across 7 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 Total Funding
- Total Rounds 7
- Last Round Post-IPO — $3.1B
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First Round
First Round
(01 Jun 2000)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Post-IPO - MakeMyTrip | Valuation |
investors |
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| May, 2017 | Amount | Post-IPO - MakeMyTrip | Valuation |
investors |
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| Jan, 2016 | Amount | Post-IPO - MakeMyTrip | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global investments in early and growth-stage tech firms are conducted.
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Founded Year | Domain | Location | |
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Early to late-stage venture capital is invested in Indian sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MakeMyTrip
MakeMyTrip has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Easytobook, Goibibo and Happay. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Expense management software and corporate cards are offered to businesses.
|
2012 | ||||
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Customizable travel itineraries are discovered and booked via an app.
|
2009 | ||||
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Online travel portal offering bookings for flights, hotels, holidays, bus tickets & car rentals
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MakeMyTrip
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Makemytrip Comparisons
Competitors of MakeMyTrip
MakeMyTrip operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ixigo, Despegar, Traveloka, Priceline and Lastminute, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Makemytrip
Frequently Asked Questions about MakeMyTrip
When was MakeMyTrip founded?
MakeMyTrip was founded in 2000.
Where is MakeMyTrip located?
MakeMyTrip is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of MakeMyTrip?
Rajesh Magow is the current CEO of MakeMyTrip. They have also founded this company.
Is MakeMyTrip a funded company?
MakeMyTrip is a funded company, having raised a total of $39M across 7 funding rounds to date. The company's 1st funding round was a Post-IPO of $180M, raised on Jun 01, 2000.
How many employees does MakeMyTrip have?
As of Mar 31, 2024, the latest employee count at MakeMyTrip is 5,120.
What is the annual revenue of MakeMyTrip?
Annual revenue of MakeMyTrip is $978.34M as on Mar 31, 2024.
What does MakeMyTrip do?
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.
Who are the top competitors of MakeMyTrip?
Is MakeMyTrip publicly traded?
Yes, MakeMyTrip is publicly traded on NASDAQ under the ticker symbol MMYT.
How many acquisitions has MakeMyTrip made?
MakeMyTrip has made 10 acquisitions, including Easytobook, Goibibo, and Happay.
Who are MakeMyTrip's investors?
MakeMyTrip has 8 investors. Key investors include Ctrip, Naspers, eVentures India, Helion Venture Partners, and Sierra Ventures.
What is MakeMyTrip's ticker symbol?
The ticker symbol of MakeMyTrip is MMYT on NASDAQ.
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