MakeMyTrip.com an online portal which aims at

empowering the traveler, was founded in the year

2000 and has totally revolutionized the travel

industry ever since. Started by Deep Kalra,

MakeMyTrip began its operations in the US,

followed by its India operations being launched in

2005. Listed on NASDAQ as MMYT in the year

2010, MakeMyTrip has evolved into a one-stop shop

for all travel needs and it offers the widest range of

travel-based products and services combined with

excellent technology and dedicated customer service.

Make My Trip, as an online travel agency, offers

the best deals on travel based products and services

at the most reasonable prices. Combining the ease of

online booking and reservation with hard-to-believe

prices, MakeMyTrip.com has been spearheading the

travel industry, launching new and better options for

the traveler ever since its inception.

WINTER SPECIAL NEWSLETTER [2012]

Makemytrip.com

Product Offerings :

Flights

Flight+Hotel Deals

International Flights

Hotels

Holidays in India

International Holidays

Bus

Rail

Mobile Site

Mobile Apps

MICE

B2B

Ticketvala, online bus ticketing platform provider has been acquired by MakeMyTrip (MMT). MMT and

Ticketvala both have not disclosed the acquisition amount. Ticketvala started its operation in mid 2006 and raised

$2M in 2007 from Bangalore based Footprint Ventures. Ticketvala created a big buzz when it claimed to sold

above 1 million tickets in 2008.

Ticketvala, part of Travis Internet Pvt. Ltd besides booking tickets online to end users provides booking terminal

to travel agents and significant revenue is generated through their agent terminal, in short its a GDS for bus.

Ticketvala possess huge bus inventory, large number of tie ups with Bus operators and covers thousands of routes

in India. Ticketvala users are mainly from north and western region of India.

Redbus is now the sole player left out in the Bus OTA and they have been giving stiff competition to Ticketvala.

Anyone eyeing Redbus?

So why MMT acquired ticketvala, possible reasons could be -

Ticketvala will provide MMT a GDS for bus which was missing in their portfolio.

Bus tickets is a mass market with huge volume and commission/markup is high when compared to air and train

tickets, on an average Bus OTA gets Rs.50 per ticket worth Rs.300

More penetration for MMT in tier 2 and tier 3 cities through ticketvala agent terminal and it provides an

opportunity for them to cross sell their Air ticketing terminal.

MakeMyTrip India Pvt. Ltd

Tower A, SP Infocity

243, Udyog Vihar, Phase 1

Gurgaon, Haryana - 122016, India

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Printed & Published by:- Afzal , Prashant & Subhojit , SECTION C , On behalf of Business Communication Class.