One of the most extensively used and well-known travel-related apps is MakeMyTrip. The company is situated in Gurgaon and was started by Deep Kalra. It now has a value of over $100 million in today's money. In essence, it is an Indian web platform that offers online services. These online businesses allow customers to reserve a bus, train, and hotel rooms as well as vacation packages.

Deep attended St. Stephen's College in Delhi to complete his degree. He holds a bachelor's degree in economics. After receiving his diploma, he continued on to earn his master's degree from the Indian Institute of Ahmedabad, one of the top MBA schools.

How Did MakeMyTrip's Adventure Begin?

One of the key components of MakeMyTrip's success is this. As soon as Deep Kalra finished his MBA and applied for placements, his career officially began. One of the top pupils was him. Later, he worked for prestigious organizations like GE Capital and ABN AMRO Bank, among others.

He spent some time working for AMRO Bank before he ultimately made the risky decision to leave his well-paying and secure position. He did it purely out of boredom from his job in the bank. After that, he made the decision to join AMF Bowling, an American corporation.

He began giving that company his full attention as soon as he was hired for the position. However, it was his fault since, despite his tireless efforts on behalf of the company, his American-based remote supervisor simply tossed him into the business world without providing him with any training or direction. He soon understood that he was not cut out for this.

He took a sabbatical soon after quitting all of his jobs. He observed how the Internet was spreading among people like wildfire. Additionally, he saw that customers frequently made mistakes while reserving rooms with owners and brokers. He then oversaw the founding of MakeMyTrip with the aid of USD 2 million and a few cofounders, including Sachin Bhatia and Keyur Joshi.

Secret Steps To Success Story Of MakeMyTrip's Unusual Beginning

We often make the decision to work and set goals. The hardest part is that not everyone was able to start off perfectly. The majority of the time, things are not supportive, which directly contributes to the goal's failure. The same applied to Deep Kalra. MakeMyTrip's launch was pretty difficult.

This happened as a result of MakeMyTrip's launch at a time when India's internet was just beginning to develop. Because of this, some Indians did not trust this website and chose to ignore it. However, as we already mentioned, Deep Kalra had a sharp intellect, so he worked out how to expand his firm. Soon after diligent work and consistent thought, he began offering internet ticket purchases for Americans traveling to India.

The situation of the company became very bad because of which Deep had to make some big decisions. The employee strength of the company literally became half due to his decisions. Moreover, he was even not able to pay the salaries of the remaining employees. Now MakeMyTrip also launched its own app for android and iOS. you can easily book your tickets using MakeMyTrip App.

Steady Rise & Popularity

After some time, the decisions of Deep came out to be fruitful. The company started to grow and come out of financial situations. The hard work of Deep has made us write the success story of MakeMyTrip. It happened after the Indian Railways started selling the train tickets online to their passengers.

Deep has to make some significant decisions as a result of the company's dire predicament. Due to his choices, the company's workforce strength essentially decreased by half. Additionally, he was unable to cover the salaries of the remaining workers. MakeMyTrip has now released its own app for iOS and Android. The MakeMyTrip app makes booking tickets simple.

Stable Growth and Popularity

After some time, Deep's choices turned out to be wise. The business began to expand and recover from its financial difficulties. We are writing the MakeMyTrip success story thanks to Deep's tireless efforts. It took place when the Indian Railways began offering their customers the ability to purchase train tickets online.

The Indian populace became quite interested in online ticket reservations after it was introduced. This led to a surge in the online ticket market. After seeing this outcome, Deep decided that the timing was right to create a hit. Finally, he opened up MakeMyTrip's online reservation services to the Indian populace in September 2005.

They became affiliated with Indian Railways' internet business concept after receiving various promos and marketing. He introduced some vacation packages and incentives as they saw a good increase in online ticket reservations, which brought many customers to his start-up. And after a lot of effort, they were able to reach the landmark of a whopping 200,000 satisfied consumers.

The business began to move once more toward a substantial loss in December 2013. MakeMyTrip's wealth was reduced by half, which proved to be a major issue for the business. In addition, the lost booking cost more than $2.6 million. However, Deep and his team began working more diligently this time.

This commitment led to a revenue increase of 27.7%, which was a huge profit. MakeMyTrip generated a profit of almost $10 million with an initial investment of about $2 million. This demonstrates that effort is never wasted. After receiving so much value, Deep did not remain still. He began sponsoring and investing in some of the more well-known businesses that offered significant returns and increased MakeMyTrip's riches.

Achievements by MakeMyTrip

Numerous accomplishments are also included in the success story of MakeMyTrip. Among them are:

• Member of NASSCOM's Executive Council.

• Times Travel Honours' "Best Online Travel Service Firm" award (2011).

• Award from ET Retail Awards for "E-tailer of the Year" (2014, 2013).

• Member of the Tourism Subcommittee of the CII.

• NASSCOM Internet Working Group Chairperson.