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Last €12.86 EUR
Change Today -0.409 / -3.08%
Volume 0.0
As of 1:33 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Tower A

SP Infocity

243, Udyog Vihar

Phase 1

Gurgaon, 122016

India

Phone: 91 12 4439 5000

Fax:

MakeMyTrip Limited operates as an online travel company in India. The company targets its services and travel products to leisure travelers and corporate travelers who prefer to make their own travel arrangements through its online and offline sales channels. The company’s customers are able to make bookings on its responsive mobile site, http://www.makemytrip.com, and on major mobile platforms through its mobile applications for iPhone and Android, which allow bookings for Indian and international flights and hotels, holiday packages, Indian railway tickets and Indian bus offerings; the company’s mobile application for BlackBerry, which allows bookings for Indian domestic flights; and its Windows Mobile application, which allows bookings for Indian domestic flights and hotels. In December 2014, the company acquired a minority equity stake in Simplotel Technologies Private Limited (Simplotel). Simplotel aims to provide hotels with responsive and optimized Websites along with booking engines. Further, in April 2015, the company acquired certain assets of the online travel-planning service, Mygola.com, and the entire Mygola team joined the company to focus on innovation in online travel. In April 2015, the company acquired approximately 18% of the equity shares of Inspirock, Inc., which owns and operates www.inspirock.com, an online planning tool for developing custom-made itineraries. Services and Products The company offers a selection of travel and travel-related services and products catering to the needs of residents in India and non-resident Indians and others traveling to India from the United States and other countries. Through the company’s primary Website, www.makemytrip.com, and mobile platforms, travelers could research, plan and book a range of travel services and products in India and internationally. The company’s services and products include air tickets, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as visa processing and facilitating access to third-party travel insurance. Its major customers include leisure travelers and small businesses. Air Tickets The company’s air tickets business is primarily targeted at domestic travel within India and international travel originating in India; and inbound travel to India from the United States and other countries. Indian Domestic and Outbound Travel: The company provides its customers with a selection of airline tickets for all major domestic full-service and low-cost airlines operating in India, including Air India, Air India Express, Go Air, IndiGo, Jet Airways, SpiceJet, Air Costa, Vistara, Air Asia and Air Pegasus; and all major international flights that originate from cities in India, including Air India, British Airways, Emirates, Jet Airways, Lufthansa, Malaysia Airlines, Singapore Airlines, Thai Airways, FlyDubai, Air Asia, Etihad Airways, Kenya Airways, Qatar Airways, Virgin Atlantic, Malindo, and Tiger Airways. Inbound Travel to India: The company sells air tickets for the United States-to-India sector. The company’s customers are primarily non-resident Indians and persons of Indian origin traveling to India. Its customers might search and book their flights on its U.S. sub-domain Website, us.makemytrip.com, which is linked to its primary Website, www.makemytrip.com, and uses a similar search and display interface as the company’s primary Website, and might also call its toll-free U.S. hotline, 1800-INDIA-10. Hotels and Packages As of March 31, 2015, the company provided its customers with access to all major domestic full-service and low-cost airlines operating in India and all major airlines operating to and from India, approximately 24,000 hotels and guesthouses in India and approximately 225,000 hotels and properties outside India, Indian Railways and various major Indian and Singapore bus operators. Hotels: Through the company’s acquisition of the Hotel Travel Group and the ETB Group (Easytobook Holding B.V. and its subsidiaries), customers could search, compare, and make reservations at approximately 24,000 hotels, villas and guesthouses in India and approximately 2

 

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