MakeMyTrip Expands Globally, Focuses on Corporate Travel and Technology.

MakeMyTrip is expanding its footprint in the corporate travel segment and reinforcing its strategy centered on technology, artificial intelligence, and regional dominance. The company has launched tours, attractions, and cruises and is pushing its brand into newer markets such as Saudi Arabia and the UAE. With a market capitalization of over $9.8 billion, MakeMyTrip is poised for future growth and fundraising opportunities.

MakeMyTrip, India's largest online travel aggregator, is expanding its footprint in the corporate travel segment while reinforcing its strategy centered on technology, artificial intelligence (AI), and regional dominance. The company has launched tours, attractions, and cruises, and is pushing its brand into newer markets such as Saudi Arabia and the UAE. With a market capitalization of over $9.8 billion, MakeMyTrip is poised for future growth and fundraising opportunities.

MakeMyTrip's CEO outlined a three-pronged approach as a three-to-five-year growth strategy to scale operations in India and globally. The company is leveraging AI to drive growth and improve operational efficiency. Recently, MakeMyTrip launched Myra, an advanced AI-powered Trip Planning Assistant designed to revolutionize travel planning for Indians [2].

Yatra Online Inc., a major competitor, reported a 99.7% year-over-year (YoY) increase in revenue for the first quarter of 2025, exceeding its annual guidance of 30% EBITDA growth. The company's corporate travel segment played a pivotal role in driving this growth, with the addition of 34 new corporate clients [1]. Despite challenges from macroeconomic factors and travel disruptions, Yatra's diversified revenue streams effectively mitigated these challenges.

MakeMyTrip's recent expansions and investments in AI technology position it to become a one-stop shop for every conceivable need of the Indian traveller. The company's strategic focus on technology and regional dominance is likely to drive its future growth and profitability. As the travel industry continues to recover from the pandemic, companies like MakeMyTrip and Yatra are well-positioned to capitalize on the growing demand for corporate travel and technology-driven travel solutions.

References:
[1] https://www.morningstar.com/news/business-wire/20250808890225/yatra-online-inc-announces-results-for-the-three-months-ended-june-30-2025
[2] https://theoutpost.ai/news-story/make-my-trip-launches-myra-a-multilingual-ai-travel-assistant-for-seamless-trip-planning-18812/