MakeMyTrip - About the company
MakeMyTrip is a public company based in Gurugram (India), founded in 2000 by Sachin Bhatia, Deep Kalra, Rajesh Magow and Keyur Joshi. It operates as a Provider of online booking services for flights hotels and travel. MakeMyTrip has raised $39M in funding from investors like Elevation Capital, Helion Venture Partners and Tiger Global Management. The company has 2632 active competitors, including 91 funded and 129 that have exited. Its top competitors include companies like Ixigo, Cleartrip and Despegar.
Company Details
Provider of online booking services for flights hotels and travel. This digital platform enables users to search and reserve domestic and international air travel, hotel accommodations, holiday packages, train tickets, bus tickets, and cab rentals. Additionally, the system facilitates travel insurance procurement, visa application processing, and currency exchange services for consumers and corporate entities. Customers can manage bookings, track flight status, and access various travel-related products through the website and mobile interface.
- Website
- www.makemytrip.com/
- Email ID
- *****@makemytrip.com
- Phone Number
- +91 **********
- Registered Address
- 19th Floor, Tower A/B/C Epitome Building No. 5, DLF Cyber City, DLF Phase III, Gurgaon, GURUGRAM, Haryana, India, 122002
Key Metrics
Founded Year
2000
Location
Gurugram, India
Stage
Public
Total Funding
$39M in 8 rounds
Latest Funding Round
Investors
Ranked
2nd among 2632 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
7,569 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with MakeMyTrip
MakeMyTrip is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TRANQUIL ESCAPES MMT LTD CIN: 12842607 , United Kingdom, Deadpooled | Aug 26, 2020 | £0 - £1M (As on Aug 31, 2022) | 1 (As on Aug 31, 2022) | |
MAKEMYTRIP (INDIA) LIMITED CIN: U63040HR2000PLC090846 , India, Active | Apr 13, 2000 | ₹1,000+ Cr (As on Mar 31, 2026) | 3280 (As on May 01, 2026) |
MakeMyTrip's IPO details
MakeMyTrip got listed on Aug 12, 2010.
Click here to take a look at MakeMyTrip's IPO in detail
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MakeMyTrip's funding and investors
MakeMyTrip has raised a total funding of $39M over 8 rounds. Its first funding round was on 2000. MakeMyTrip has 12 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of MakeMyTrip:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 17, 2025 | 4123603 | Post IPO | 8879889 | 5408262 | 2622016 | 2103928 |
Feb 05, 2021 | 9393970 | Post IPO | 8312562 | 5646149 | 3199589 | 4512669 |
May 04, 2017 | 1092832 | Post IPO | 3692932 | 8568305 | 7163336 |
View details of MakeMyTrip's funding rounds and investors
MakeMyTrip's founders and board of directors
Founder? Claim ProfileThe founders of MakeMyTrip are Sachin Bhatia, Deep Kalra, Rajesh Magow and Keyur Joshi. Rajesh Magow and Deep Kalra are the CEOs of MakeMyTrip.
Here are the details of MakeMyTrip's key team members:
- Sachin Bhatia: Former Co-Founder & CMO of MakeMyTrip and founder of 2 other companies, TrulyMadly and BulBul. They are also an angel investor in 31 startups and serve on the boards of 2 companies.Contact Info: 1 phone number
- Deep Kalra: Co-Founder, Chairman & CEO of MakeMyTrip and founder of 1 other company. They are also an angel investor in 28 startups and serve on the board of 1 company.Contact Info: 2 phone numbers
- Rajesh Magow: Co-Founder & Group CEO of MakeMyTrip. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Keyur Joshi: Co-Founder & Strategic Advisor of MakeMyTrip and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 1 email address and 1 phone number
MakeMyTrip's Board of Directors
MakeMyTrip's board has 3 active members. Malaya Kumar Pallai is part of team and Ghanshyam Daga and Vikash Kumar Tiwari are independent board members.Here is the list of MakeMyTrip's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
lvcpm{c | Team | - | Current | 8y 6m |
Independent board member | - | Current | 5y 0m | |
lfnhydv | Independent board member | - | Current | 9y 1m |
View details of MakeMyTrip's Founder profiles and Board Members
MakeMyTrip's employee count trend
MakeMyTrip has 7,569 employees as of Sep 26. Here is MakeMyTrip's employee count trend over the years:
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MakeMyTrip's Competitors and alternates
Top competitors of MakeMyTrip include Ixigo, Cleartrip and Despegar. Here is the list of Top 10 competitors of MakeMyTrip, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform providing booking services for flights trains and hotels | $92M | 87/100 | ||
2nd | MakeMyTrip 2000, Gurugram (India), Public | Provider of online booking services for flights hotels and travel | $39M | 87/100 | |
3rd | Provider of online travel booking services for flights and hotels | $69.5M | 82/100 | ||
4th | Despegar 1999, Miami (United States), Acquired | App-based platform to book multiple travel services | $331M | 82/100 | |
5th | Priceline 1997, Norwalk (United States), Public | AI-powered platform for booking multiple categories of travel services | $77.3M | 80/100 | |
6th | Online retailer of worldwide flights, hotels, activities, and travel deals | $1.02B | 80/100 | ||
7th | Booking.com 1996, Amsterdam (Netherlands), Acquired | App-based platform for booking multiple categories of accommodations | $2.42M | 79/100 | |
8th | Provider of online travel booking services for flights and hotels | $87.5M | 79/100 | ||
9th | Online platform for booking global travel services | - | 79/100 | ||
10th | Eurostar 1994, London (United Kingdom), Series C | App-based multiple travel service booking platform | $130M | 78/100 |
Looking for more details on MakeMyTrip's competitors? Click here to see the top ones
Financials of MakeMyTripFY 26 Available
MAKEMYTRIP (INDIA) LIMITED, the legal entity associated with MakeMyTrip, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of MAKEMYTRIP (INDIA) LIMITED has a compounded annual growth rate (CAGR) of 46% in the last 1 year.
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 2021 | 3537 | 7120 | 1567 | 8300 |
Total Sales | 6389 | 6422 | 4534 | 7605 | 1349 |
Total Expenses | 1500 | 5577 | 6616 | 8042 | 9304 |
Operating Expenses | 5345 | 4083 | 1253 | 6411 | 7188 |
Employee Expenses | 6330 | 8808 | 2223 | 8827 | 4662 |
Marketing Expenses | 2336 | 5330 | 7945 | 4003 | 6293 |
Operating Income (EBIT) | 3258 | 3496 | 5853 | 9219 | 3667 |
Interest Expenses | 5883 | 5486 | 9787 | 5604 | 2429 |
Expenses from other activities | 1364 | 1249 | 8119 | 8291 | 7093 |
Information Technology Expenses | 8645 | 9785 | 4414 | 2448 | 3175 |
EBITDA | 7245 | 4547 | 9601 | 7521 | 7381 |
Taxes | 9899 | 2891 | 3455 | 8101 | 4579 |
Net Profit | 8510 | 9800 | 1111 | 1300 | 7923 |
Balance Sheet | |||||
Assets | 9679 | 4758 | 1647 | 3866 | 7885 |
Cash Equivalent | 3654 | 5358 | 7837 | 5638 | 2840 |
Accounts Receivables | 3270 | 5843 | 6072 | 2166 | 3444 |
Inventory | 8249 | 3618 | 5124 | 7291 | 6701 |
Liabilities | 4168 | 6851 | 7662 | 7364 | 1791 |
Total Debt | 3329 | 6005 | 6471 | 5236 | 4184 |
Accounts Payable | 5120 | 7072 | 7121 | 2225 | 5484 |
Equities | 1697 | 3842 | 5451 | 9998 | 9632 |
Cashflow Statement | |||||
Cash from Operating activities | 3934 | 4923 | 7955 | 6322 | 3516 |
Cash from Investing activities | 1528 | 1175 | 7181 | 2891 | 8771 |
Net cash from Financing activities | 9562 | 3769 | 9227 | 2589 | 3220 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
MakeMyTrip's Investments and acquisitions
MakeMyTrip has made 11 investments in companies including Atlys and Gofro. MakeMyTrip has also acquired 14 companies including Quick Ride and Flamingo Transworld.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 06, 2026 | Acquisition | 2015 | Bengaluru (India) | |
Mar 16, 2026 | Investments | 2021 | Delhi (India) | |
Mar 05, 2026 | Acquisition | 1996 | Ahmedabad (India) |
See all investments and acquisitions by MakeMyTrip
Reports related to MakeMyTrip
Here is the latest report on MakeMyTrip's sector:
News related to MakeMyTrip
Media has covered MakeMyTrip for a total of 40 events in the last 1 year, 20 of them have been about company updates and 4 about partnerships.
•
MakeMyTrip Acquires Majority Stake In Quick Ride To Enter Ride PoolingInc42•Nov 06, 2026•Quick Ride, MakeMyTrip
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MakeMyTrip Returns to Profit in Q2 FY27 with 21% Gross Bookings GrowthEntrackr•Oct 27, 2026•MakeMyTrip
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MakeMyTrip Posts $1.8 Mn Profit in Q2 FY27, Revenue Increases 2.5% Year-on-YearInc42•Oct 26, 2026•MakeMyTrip
•
MakeMyTrip outlines AI-led booking expansion as Myra reaches 90,000 daily conversations (NASDAQ:MMYT)Seeking Alpha•Oct 26, 2026•MakeMyTrip
•
MakeMyTrip in talks to acquire Quick Ride through redBusEntrackr•Oct 19, 2026•Quick Ride, MakeMyTrip
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MakeMyTrip Introduces 'Price Drop Protection' Feature for Flight BookingsMint•Sep 28, 2026•MakeMyTrip
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MakeMyTrip Foundation, GDA, and Khyber Himalayan Resort & Spa Launch Waste Management Initiative in GulmargBusinessnewsthisweek•Jul 24, 2026•Khyberhotels, MakeMyTrip
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