MakeMyTrip

Online travel marketplace for consumers, businesses and travel partners.

Available information varies by company and source.

Profile record updated:

Company facts

Official name
MakeMyTrip Limited
Entity type
COMPANY
Founded
2000
Headquarters
India
Market role
B2C Consumer App / Platform
Ticker
MMYT
Official website
makemytrip.com

What MakeMyTrip does

MakeMyTrip runs an asset-light digital travel marketplace. It aggregates inventory from airlines, hotels and transport providers, distributes that supply through its consumer app and website, corporate booking tools, and partner channels, and monetises each layer of demand. The business creates value by combining search, comparison, booking, payment, support and ancillary services in a single travel workflow, while also monetising its audience through advertising and brand partnerships.

Category differentiation

MakeMyTrip is an online travel marketplace and travel services group, not a pure SaaS vendor or standalone adtech company. Its advertising offering is a monetisation layer on top of its travel audience, not its primary corporate identity.

Strategic context

AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.

MakeMyTrip Limited is a public online travel company centred on India. It operates consumer travel booking platforms and apps for flights, hotels, holiday packages, rail, bus and related travel services, alongside adjacent products for corporate travel, partner distribution and on-platform advertising. Its portfolio includes the MakeMyTrip consumer marketplace, the myBiz corporate travel platform, the myPartner affiliate and agent platform, and a proprietary media offering that sells access to high-intent travel audiences. The company generates revenue primarily from commissions and take-rates on travel bookings, customer service and convenience fees, corporate travel fees, ancillary travel services, and advertising sold to travel and hospitality brands. Its direct customers span consumers booking travel, enterprises managing employee travel, and travel agents or affiliates reselling inventory. This creates a multi-sided marketplace model built on supplier integrations, owned demand, and first-party travel intent data.

Company news briefing

Briefing updated:

MakeMyTrip is focusing on long-term growth through strategic acquisitions such as Flamingo Transworld and Savaari, while navigating domestic airline duopoly risks and regulatory scrutiny. The company aims to capture significant expansion in India's online travel market by leveraging a multi-brand strategy and scalable technology platform. Additionally, MakeMyTrip has integrated its services into Amazon's newly launched AI-powered Alexa+ assistant in India, expanding its reach across local service platforms.

Business model & monetisation

MakeMyTrip monetises through a hybrid marketplace, fee and advertising model. The primary revenue stream is booking commissions and take-rates on flights, hotels, buses, rail and holiday packages. It also charges service and convenience fees, corporate travel fees through myBiz, and earns from ancillary products such as insurance, forex and visa support. A smaller but distinct revenue stream comes from advertising inventory sold to travel and hospitality brands across banners, push notifications and email placements within its owned channels.

Consumer travel booking commissions and take-rates
Percentage Take-Rate
Customer service and convenience fees
Service Fee
Ancillary services such as insurance, forex and visa support
Service Fee
Corporate travel fees via myBiz
Software Subscription
Advertising and brand partnerships
Ad-Supported

Products & capabilities

No products with linked sources are available in this view.

Products & market categories

Competitors & alternatives

  • Skyscanner

    Travel metasearch platform monetising intent through referrals and advertising.

  • Secret Escapes

    Members-only platform for discounted luxury travel bookings.

  • Expedia Group

    Online travel marketplace group with a scaled travel advertising business.

  • lastminute.com

    Consumer travel platform centred on dynamic holiday packages.

View all competitors

Recent recorded signals

Dates refer to the source publication. Older entries are historical context, not evidence of a new event.

  • 20-F Financial Filing Analysis for MakeMyTrip (2026-07-27)

    sec.gov

    financials · Recorded impact score: 4.1/5

    MakeMyTrip Limited submitted its Form 20-F annual report for the fiscal year ended March 31, 2026, outlining strategic corporate restructuring and operational performance amid travel industry volatility. The company executed key consolidation moves, including amalgamating redBus India into MMT India in February 2026, acquiring a majority stake in Flamingo Transworld in March 2026, and securing a strategic minority interest in visa platform Atlys. Operationally, growth faced supply-side friction due to revised flight duty time limitations impacting Indian airlines in late 2025, alongside temporary demand softness driven by geopolitical disruptions in West Asia and Jammu & Kashmir, as the firm continues managing debt leverage across its 2028 and 2030 convertible senior notes.

    • Completed corporate restructuring by amalgamating redBus India into MMT India effective February 1, 2026, and acquired a majority interest in Flamingo Transworld in March 2026.
    • Invested in a strategic minority stake in visa processing platform Atlys to expand cross-border travel enablement capabilities.
  • Investor Presentation Released: MakeMyTrip

    api.polaris7.io

    financials · Recorded impact score: 4/5

    AI parsed presentation narrative: MakeMyTrip is the dominant leader in India's rapidly expanding travel market, leveraging a multi-brand strategy and a scalable technology platform to drive consistent growth and margin expansion through operating leverage. The company is positioning itself to capture a 5x growth opportunity in the Indian online travel market by 2030. Strategic pillars: Multi-brand Strategy, One Stop Shop for Travel.

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Questions about MakeMyTrip

What is MakeMyTrip?

MakeMyTrip is a public online travel company that operates consumer, corporate and partner travel booking platforms, plus an owned-media advertising business.

Who uses MakeMyTrip?

Consumers use it to book travel, enterprises use myBiz for corporate travel, and travel agents or affiliates use partner tools to sell inventory.

How does MakeMyTrip make money?

It earns mainly from travel booking commissions and fees, with additional revenue from ancillaries, corporate travel services and advertising.

Sources & coverage

This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.

19 publicly documented primary sources and citations linked across the market graph.

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