MakeMyTrip Limited
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ROIC.AI
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- MakeMyTrip Limited (Nasdaq: MMYT) operates as India's leading online travel company, providing a comprehensive platform for booking flights, hotels, holiday packages, bus tickets, train tickets, cabs, rail services, homestays, villas, and corporate travel solutions through its primary brands MakeMyTrip, Goibibo, and redBus; it also offers ancillary services including travel insurance, visa assistance, inter-city car rentals, and expense management tools. Founded in 2000 by Deep Kalra and headquartered in Gurugram, Haryana, India, the company serves leisure travelers, corporates, and budget commuters primarily in the Indian market while expanding internationally with operations in the Gulf region (UAE), Southeast Asia (Singapore, Kuala Lumpur, Phuket, Bangkok), and offices in New York, Dubai, and Istanbul. It caters to a vast user base with over 83 million lifetime transacted users, processing 230 transactions per minute across platforms and achieving record gross bookings of approximately $9.8 billion in fiscal year 2025, driven by strong performance in air ticketing, hotels (37 million room nights sold), and ground transportation (106 million bus tickets sold). The company maintains strategic partnerships with leading airlines, hotels, and ground transport operators, bolstered by its 2017 merger with Ibibo Group that integrated Goibibo and redBus for enhanced market share in budget accommodations and bus ticketing. Recent expansions include majority stakes in BookMyForex (2022) for forex services, Savaari (2023) for car rentals, and the acquisition of VA Tech Ventures (completed February 2025) to strengthen tech capabilities; it also launched myBiz for corporate travel, myPartner for travel agents, and entered the UAE market with flights and hotels while introducing AI/ML features and multi-currency payments to boost inbound tourism. In June 2025, MakeMyTrip announced a $3 billion capital raise including share buybacks to reduce Chinese ownership stakes, alongside robust fiscal 2026 results reflecting 26% year-over-year gross booking growth and 35% adjusted operating profit increase to $167 million.
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MakeMyTrip Limited (MMYT) Q4 2026 Earnings Call Transcript
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MakeMyTrip Q4 Earnings Call Highlights
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Polen International Growth Q1 2026 Portfolio Activity
MakeMyTrip Limited to Report Fiscal 2026 Fourth Quarter and Full Year Financial & Operating Results on May 19, 2026
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