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We are talking about entrepreneurs in India. Who are famous Indian entrepreneurs and one of them is Deep Kalra(Chairman and Group CEO of MakeMyTrip),one of Indiau2019s largest travel booking portal. The success journey of MakeMyTrip is a great insight of how Deep Kalra made his trip and took it to next level. It is a journey of an aspiring entrepreneur reaching the new heights to become one of the most successful Indian entrepreneurs.
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DEEP KALRA Proud Founder of MakeMyTrip.com
It’s never too late to make a change, sometimes too late is just in time. It took 8 years for Deep to figure out what he actually wanted to do. • He was born in Hyderabad and grew up in Delhi and Ahmedabad.
He obtained his bachelor’s degree in Economics from St. Stephen College, Delhi in 1990. • Then he went to IIM, Ahmedabad to pursue MBA. After MBA, there was most obvious choice to join some banking job and he went with the flow.
He joined ABN AMRO Bank and worked there for 3 years and then he realized banking was not something he wanted to do for rest of his life. • He took this risk, quit the job and took a break for about an year.
He started working with AMF Bowling to set up bowling alleys in India which was really difficult task as no one was much interested in it during 90’s. • After dedicating 4 years of his life, he quit job with AMF and joined GE Capital as head of Business Development. But again he felt like he needed something else to showcase his skills.
He saw internet industry growing as fire, then the idea of online travel booking came to his mind. • Hence, with a funding of USD 2-Million from e-Ventures and along with co-founders like – Keyur Joshi, Rajesh Magow and Sachin Bhatia, Deep began his new journey with MakeMyTrip.com (earlier known as India Ahoy) in 2000.
For Indians, the venture was too ahead of time as people were reluctant to using their credit cards online and didn’t trust non-established brands. • There were some situations when Deep had to take some big decisions. The employee strength of the company literally became half due to his decisions. Moreover, he was even not able to pay the salaries of the remaining employees.
MakeMyTrip launched IOS and Android app to make things easier for users. Then company started to grow and became financially stable. • In September 2005, apart from flight bookings MMT started holiday packages and hotel bookings and tied-up with IRCTC’s online business model.
MakeMyTrip has reached below milestones: • Member of the Executive Council of NASSCOM. • “Best Online Travel Service Firm” award by Times Travel Honours in 2011. • “E-tailer of the Year” award by ET Retail Awards in 2013 and 2014. • Member of CII’s Tourism sub-committee. • Chairperson of the NASSCOM Internet Working Group.
Today MakeMyTrip is one of the leading company in Hotel Booking or Ticket Booking. • Deep Kalra is inspiration for others as not to give up in hard times. If you are prepared to tackle the issues, problem won’t last long.
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