MakeMyTrip Limited

MakeMyTrip Limited is a travel service provider operating in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company offers a comprehensive range of travel products and services through its brands MakeMyTrip, Goibibo, and redBus. Its offerings include air ticketing, hotel and package bookings, bus ticketing, rail tickets, car hire, activities and experiences, and ancillary travel services such as travel insurance, foreign currency exchange, and visa-related products. Travelers can research, plan, and book these services via the company's primary websites (makemytrip.com, goibibo.com, redbus.in, makemytrip.ae) and mobile applications, as well as through call centers, franchisee-owned travel stores, and a network of travel agents. The company primarily serves leisure travelers and corporate clients.

MakeMyTrip Limited is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol MMYT. The company's shares are traded in US Dollars (USD), reflecting its listing on a US-based exchange. Despite being headquartered in Gurugram, India, and primarily serving the Indian market, the company chose to list on Nasdaq, which provides access to international investors. The financial reporting and stock trading are conducted in USD, which is the currency of the exchange.

MakeMyTrip Limited operates in the Consumer Cyclical sector, specifically within the Travel Services industry. As a travel service provider, the company's performance is closely tied to consumer discretionary spending on travel and tourism. The Consumer Cyclical sector includes companies that sell non-essential goods and services, which tend to experience higher demand during economic expansions and lower demand during recessions. Within this sector, the Travel Services industry encompasses businesses that facilitate travel arrangements, such as online travel agencies, tour operators, and booking platforms. MakeMyTrip's focus on air ticketing, hotel bookings, bus and rail tickets, and car hire places it squarely in this industry.

MakeMyTrip Limited is headquartered in Gurugram, India. The company was incorporated in 2000 and rebranded as MakeMyTrip Limited in March 2010, having previously been known as International Web Travel Private Limited. While its roots are in India, MakeMyTrip serves a broad international footprint that includes the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company's primary websites cater to different regions: makemytrip.com and goibibo.com focus on the Indian market, redbus.in specializes in bus ticketing in India, and makemytrip.ae serves customers in the United Arab Emirates. This geographic diversity allows MakeMyTrip to serve both domestic Indian travelers and those traveling to or from other countries.

MakeMyTrip generates revenue through its three operating segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. In the Air Ticketing segment, the company earns commissions and fees from airlines for booking flights. The Hotels and Packages segment includes commissions from hotel bookings, as well as revenue from packaged tours and activities. The Bus Ticketing segment, primarily through the redBus brand, earns commissions from bus operators. Additionally, the company offers ancillary services such as travel insurance, foreign currency exchange, and visa-related products, which generate fees. MakeMyTrip also monetizes its platform through advertising and promotional services to travel suppliers. The company's multi-channel distribution includes websites, mobile apps, call centers, franchisee-owned travel stores, and a network of travel agents, all of which drive bookings and revenue.