Deep Kalra's Success story : A Failure to Successful Person (MakeMy Trip)

Deep Kalra’s Success Story: A Journey from Failure to Successful Person (make my trip.COM)

Deep Kalra was born in Hyderabad in 1970 and grew up in Ahmedabad and Delhi. Deep Kalra is an Indian entrepreneur, businessman, and CEO of the Indian Travel company, Make My Trip. A hardworking and grateful person, Make My Trip.com is an Indian website that helps to book trains, flights, buses, and other tickets online.

TABLE OF CONTENT

• DEEP KALRA’S JOURNEY TO MAKE MY TRIP.COM
• After Quit GE capital job Journey
• Facts about make my trip.com
• MakeMy Trip Revenue Totals
• Deep Kalra's Achievement

DEEP KALRA’S JOURNEY TO MAKE MY TRIP.COM

The founder and CEO of MakeMy trip Mr. Deep Kalra has completed his bachelor’s degree from St. Stephen’s College and completed her master’s degree from the Indian Institute of Management Ahmedabad (IIM) after completing college he got a job for ABN AMRO Bank, GE Capital, etc. He was very excited when he started his first job in ABN AMRO bank, but after three years he left due to a feeling of incompleteness.

In his first year after Quitting his high-paying and stable job, he took a year off to plan his future. He brought the AMF Bowling company, an American company that was hoping to capture the Indian market with its bowling alleys, to India. Despite this, hardly any Indian investors were interested in bowling Alley's business idea at that time.

Mr. Deep Kalra did his hard work for his Bowling Alley’s business but after four years of hard work, he finally decided to Quit the business. In one interview he said it was a great entrepreneurial experience for him, but it was an equally big financial disaster.

Later, he took a job in GE Capital to head business development that year was 1999 and if someone was looking for new avenues the internet was the obvious answer and he help GE capital to grow his business through the internet. After working in GE Capital, he saved some money for his business and decided to Quit his Job.

DEEP Karla Founder & CEO of MakeMy Trip

After Quitting GE capital job Journey to the Indian online travel business begins (make my trip)

Mr. Deep Kalra was Started her own business MakeMy trip in 2000 in e-commerce. However, at that time people were not trusting the website but Investors were trusting his idea and ready to Invest in his idea. this way MakeMy trip is successfully ready to raise funds.

After getting 2 million USD from ventures Mr. Deep and her Friends Keyur Joshi, Rajesh Magow, and Sachin Bhatia who are his friends were started the MakeMy Trip.com Website.

At that time MakeMy trip was only booking Flight tickets through online sources.

His successful MakeMyTrip website has joined hands with IRCTC (Indian Railway Catering and Tourism Corporation) to book railway tickets. This aligns MakeMyTrip's business model with IRCTC's.

Apart from Flight booking, MakeMy Trip’s also booking holiday packages and hotel Booking which was followed by a tie-up with IRCTC this plan only not changed the Business model but also Increase more Revenue the demand was so high 1 out of every 12 domestic flights was booked from Make my Trip. In a year the company head Acquired 200K Happy customers.

After 2008 the company improve their facility by mobile Apps, Improving websites, Online Cabs Rental Services, etc.

Facts about make my trip.com

1. In 2008 the company head completed his 1000 Crores valuation and in the same year, the company has also recorded a profit of worth $5 Million dollars with gross revenue is approximately $500 million dollars.
2. In August 2010 MakeMy trip was listed in NASDAQ.
3. MAKE MY TRIP Headquarters: Gurgaon, Haryana, India

MakeMy Trip Revenue Totals

1. FY 2014: $255 Million
2. FY 2015: $299 Million
3. FY 2016: $336 Million
4. FY 2017: $447 Million
5. FY 2018: $675 Million
6. FY 2019: $486 Million
7. FY 2020: $511 Million

Deep Kalra’s Achievements: -

• Member of the Executive council of NASSCOM.
• Chairperson of NASSCOM Internet working Group
• Awarded for Best Travel Portal in India.
• Member of CII’s Tourism Sub-committee Member.
• Awarded For “Best online Travel Service Firm”
• “Top Ten Best Companies to Work for in India”.

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