Page 2 - Makemytrip

MakeMyTrip to scale up financial services biz as it eyes wider user base

Currently the products are only sold to those buying tickets, hotel accommodation on its site. But now it will be offering insurance products even to those who don't

Business travel likely to shrink further in near-term: MakeMyTrip CEO

In a Q&A, MakeMyTrip's Group CEO Rajesh Magow and Group CTO Sanjay Mohan talk about challenges for the travel sector in the age of Omicron, business travel shrinking further in the near term

MakeMyTrip partners with IndiGo to launch charter flights to Phuket

Travel company MakeMyTrip has partnered with IndiGo airline to launch exclusive charter flights between Mumbai and Phuket in Thailand, according to a statement on Wednesday

MakeMyTrip sees 100% return to travel in pharma, realty, other corp sectors

Firm's recent market study says financial services, IT, consumer goods and auto are the laggards, may be the last ones to see a complete recovery in corporate travel

MakeMyTrip plans to double down on alternative accommodation business

The firm's alternative accommodation business includes villas, apartments and hostels. It is now adding about 1,000 properties to that segment per month

MakeMyTrip refunded Rs 642 cr for travel bookings during Mar-May, 2020

Leading online travel firm MakeMyTrip said it has been able to disburse Rs 642 crore in refunds for the travel bookings between March 25 and May 24, 2020, due to enormous efforts put by its teams. "We have disbursed Rs 642 crore in refunds for travel bookings between 25th March to 24th May 2020. Over the past eighteen months, our teams have spent considerable number of hours to ensure that our customers remain duly informed about the progress of their refund requests," a MakeMyTrip spokesperson said in a statement. Besides this, MakeMyTrip has worked closely with its partner airlines to help resolve pending cases, it added. MakeMyTrip CEO Rajesh Magow on August 28 had said that the domino effect of flight cancellations leading to a massive pile up of refund requests needed an extraordinary effort to solve for flight plan changes, credit shells, refunds and more. "We are humbled to share that through the enormous effort made by our team over the last several months, almost 99.6 per

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MakeMyTrip announces mandatory paid offs for employees this year

The company has unveiled the wellness policy by hosting Jumpstart Week with employee engagement activities to reinvigorate the workforce.

Paytm, MakeMyTrip, others keen on approval for offering vaccine bookings

Over a dozen entities, including large digital companies like Paytm and MakeMyTrip, are looking at approval for offering vaccine bookings, according to CoWIN head RS Sharma. The government had, last month, released new guidelines for the integration of CoWIN with third-party applications, easing the way for such apps to offer vaccine bookings. Nearly 15 entities are eyeing approval to provide online appointment booking for vaccination, including Paytm, Infosys and MakeMyTrip, Sharma said. When contacted, MakeMyTrip Group CEO Rajesh Magow said that with millions already using MakeMyTrip app, we want to leverage the API integration to help people easily book their vaccination slots and do our bit to make the entire process more convenient. Integration has also been opened up for download of vaccination certificate that will be useful as travel opens up further and all documentary requirements can be accessed in one place, he added. Paytm declined to comment, while Infosys did not ..

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Our wanderlust is soaring high after seeing this epic "The UNSEEN INDIA" travel film by MakeMyTrip!

Easy Trip IPO opens today: All you must know before hitting subscribe

Easy Trip has no listed peers in the domestic market, having a similar operating model although it faces competition from private players like Cleartrip, MakeMyTrip and Yatra Online

From Marriott to MakeMyTrip, hotels and travel firms look for summer relief

Most hotels expect a marked improvement in the June quarter numbers compared to the December quarter

Large firms may start business travel from FY22: MakeMyTrip's Rajesh Magow

"I think this winter, domestic traffic should come back to the pre-Covid level," says CEO Magow

Flipkart in talks to add online travel aggregator Cleartrip to its cart

The move would help the e-commerce giant diversify its business and tap the opportunities in the travel space, according to industry sources

MakeMyTrip raises $200 mn through a zero per cent interest coupon bond

MMT intends to use the net proceeds for working capital and other general corporate purposes.

Travel firms roll out discounts in domestic circuit to woo customers

With only a few foreign destinations welcoming tourists, players such as Thomas Cook, Yatra.com and MakeMyTrip are tapping demand for stays in villas, havelis and forts with local experiences

Cardholders' data leaked on Dark Web: What it means and how it affects you

Data of nearly 100 million credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web. Tune in for more

MakeMyTrip Q2 loss narrows to $12.9 mn; festive season spurs demand

The company's revenue stood at USD 21.1 million (over Rs 155 crore) in the quarter under consideration, compared to USD 118 million (over Rs 869 crore) in the same quarter last fiscal

MakeMyTrip announces foray into United Arab Emirates for expansion

MakeMyTrip announced its foray into the United Arab Emirates with its portfolio of travel offerings across Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras Al Khaimah and Umm Al Quwain.

Expect biz to hit pre-Covid levels by next summer, says MMT's Rajesh Magow

In June, domestic flight bookings were 5-7 per cent of the pre-Covid-19 levels and now that has gone up to to 25-27 per cent, Magow said