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MakeMyTrip Limited is an Indian online travel company, which was founded in 2000. [2] Its headquarter is located in Gurugram , Haryana , the company provides online travel services including airline tickets , domestic and international holiday packages, hotel reservations, rail and bus tickets.
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The company was founded as Ctrip.com by James Liang, Neil Shen, Min Fan, and Qi Ji in June 1999. [6] [7]The company was listed on the NASDAQ in 2003 through a variable interest entity (VIE) based in the Cayman Islands in a Merrill Lynch-led offering, raising US$75 million from the sale of 4.2 million American depositary receipts at $18 each.
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In October 2016, India based online travel company MakeMyTrip, a Nasdaq listed firm and ibibo Group, [15] India's largest travel group agreed to merge in a stock transaction, to form the country's biggest online travel company. [16] [17] Both these online platforms have AI-powered chatbots named Myra and Gia respectively. [18]
MakeMyTrip Limited (NASDAQ:MMYT) shares are trading higher premarket on Monday after the company inked a Business Transfer Agreement to acquire the Happay Expense Management Platform from CRED for ...
Sources conflict on when both GoToGate and Etraveli Group were founded. One report suggests that Etraveli Group was founded in 2000 while another source says Etraveli was founded in 2007 from the merger of Seat24 (Sweden) and SRG Online (Svenska Resegruppen).