India's leading online travel agency. Founded in 2000, offers flights, hotels, holiday packages, and rail across India and international destinations.
MakeMyTrip's Q1 FY27 gross bookings rose 19.9% in constant currency as hotels, buses and ancillary services offset softer air demand. Revenue grew 16.1% to $285.6m; adjusted operating profit hit $51.4m.
MakeMyTrip's wholly-owned subsidiary MMT India has confidentially filed a draft red herring prospectus with SEBI and Indian stock exchanges for a proposed IPO and listing, with proceeds earmarked for growth, M&A, and share repurchases.
MakeMyTrip reported record gross bookings of $10.4 billion for FY2026, up 10.4% in constant currency, with operating profit growing 30% despite West Asia headwinds in Q4.
MakeMyTrip's upgraded AI assistant now supports voice-driven bookings in eight languages, built-in payments, and passport OCR — handling entire trips without leaving the chat.
MakeMyTrip is evaluating a domestic India listing for its India business via Indian Depository Receipts, with Morgan Stanley, JPMorgan and Axis Capital hired as advisers. The move signals growth ambitions in one of the world's fastest-expanding travel markets.