This meant MakeMyTrips business model concurring with IRCTCs plans. Deep Kalra is the owner of one of the most successful travel sites in India, MakeMyTrip. Deep started with ABN Amro Bank. Mr. After serving for three years, he decided to start his own venture, and brought AMF bowling. His work with AMF bowling wasnt successful because his boss who used to live in the United States did not provide any sort of mentorship. View Deep Kalras profile on LinkedIn, the world's largest professional community. This week we bring you stories that dive into the minds of industry leaders such as Unacademys Gaurav Munjal, MakeMyTrips Deep Kalra, and upGrad Co-founder Ronnie Screwvala. Luckily, Deep Kalra, an alumnus of the prestigious Indian Institute of Management has made planning trips easier using his brilliance and ingenuityMakeMyTrip. Venture Partners. EDUCATION &JOB BA from St Stephen's college, and then an MBA from IIM Ahmadabad. Greater Chicago Area. 17.75 % Invest Now. Update the org chart details of Deep Kalra. Deep served as Chief Executive Officer and Chairman of the Board at MakeMyTrip. Founder & Chief Executive Officer. Extend your search. This itself begs for an answer to how one could reach their destination. In the initial years, an entrepreneur spends most of the time doing non-core business because you dont have a team. Taking on Uber. e-commerce business in India. Deep Kalra has a Bachelor's Degree in Economics from St. Stephen's College, University of Delhi in 1990 and a Master of Business Administration from Indian Institute of Management, Ahmedabad in 1992. MakeMyTrip was one of the few companies to survive the bubble bust. Deep Kalra - Education He holds a Bachelors degree in Economics from St. Stephens College, Delhi University, India, and a Masters degree in Business Administration from the Indian Institute of Management, Ahmedabad, India. As a result, most of us and not just the millennials yearn for that much needed break. Recovering from any drastic event at a global scale is no piece of cake, requiring meticulous planning, strategy, execution and some luck. He is the Vice Chairman of IAMAI and a member of A long trip to Goa or visiting monuments usually does the job of shedding some stress. Deep Karla shows how to navigate through tough times. Here are a few. And its only going to get more hectic. Rumi Contractor. Deep Kalra is Group Chairman & Group Chief Executive Officer at MakeMyTrip Ltd., Chairman & Group Chief Executive Officer at Makemytrip (Private Equity), Founding Member at iamgurgaon and Member-Executive Council at National Association of Software & Services Cos. FEATURED FUNDS ICICI Prudential Bluechip Fund Direct-Growth. Later, there was a steady rise in the marketing value of MakeMyTrip. Manu Deep Kalra Please Follow, Maximum 30k connections limit reached. Serena Nanavaty. Deep Kalra is Chairman/Co-Founder at Makemytrip Ltd. See Deep Kalra's compensation, career history, education, & memberships. 12.44 % Invest Now. StartupTalky is Indias leading media platform for entrepreneurs to read and share startup stories, startup news, Rumi Contractor. Learn more about Entertainment & Travel. 2. Understand their industries and their competitors. Chief Executive Officer. Every 1 in 12 flight tickets was now booked from MakeMyTrip! Deep Kalra - Deep had to go back to the corporate sector and joined GE capital. 2017-2020. by ahardik 4 weeks ago 4 weeks ago. detained by Iranian authorities for six years. MakeMyTrips third quarter profit fell 25% to US$1.2m, a result CEO Deep Kalra blamed on increasingly difficult operating conditions as the health of our domestic airline industry remain uncertain. BENGALURU: Online travel operating major MakeMyTrip group announced Tuesday evening that its co-founder Deep Kalra is moving to a new role of He is the chairperson of NASSCOM Internet Working Group. Education of Deep Kalra. Deep Kalra has a Bachelor's Degree in Economics from St. Stephen's College, University of Delhi in 1990 and a Master of Business Administration from Indian Institute of Management, Ahmedabad in 1992. [/makemytrip-indian-startup-success-story/] were already predominantly present, Goibibo disrupted the travel segment by providing seamless travel experience i, Dara Khosrowshahi: CEO of Uber | Turning The Tables For Uber, Overcoming the odds in life is more than a test. After three unsuccessful trials, for your security, Deep Kalra - Chairman of the Board - MakeMyTrip, management list view | www.makemytrip.com. He studied Economics at the undergraduate level at St. Stephens College Delhi, one of ShopClues - Connecting Buyers and Sellers, Shradha Sharma: Founder & CEO of YourStory, "semrush" "site audit" or seo -resume -job, St. Columba's School, St Stephen's College, Indian Institute of Management Ahmedabad (IIM-A). At first, it was launched in the market of the US in the same year, which catered the travelling needs of Us-to-India overseas community. Frida At MakeMyTrip, Deep Kalra has 6 colleagues who can be contacted including Rajesh Magow (CEO & Director), Aditya Guleri (Director). Dwelling deep into the several impacts of COVID on the entrepreneurial ecosystem, Deep Kalra shared insights on how the situation has opened plethora of opportunities while also uplifting the internet economy to a great extent. The internet sector was on the rise during the mid-90s and web sites like Yahoo! Mississauga, ON. In the same segment where Cleartrip and MakeMyTrip India is at an interesting point. This is an overview of the education, received by the Make My Trip owner Deep Kalra. Deep Kalra is also a member of CIIs sub tourism committee. After three years in banking and exploring various options in marketing (Arvind Mills and Pizza Hut among them), Deep chose to do something crazy. Photo: Ramesh Pathania/Mint How Deep Kalra made his trip 3 min read. Deep Kalra - Achievements Dara Khosrowshahi is one such Born in Iran, his family moved to the United States after his father was Lyndonjohn Pinheiro. MakeMyTrip CEO Deep Kalra BCCL A Citizen Mass Meet is being organized to demand corrective measures to fight air pollution . Receive alerts when executive movements happen. Deep Kalra's net worth is estimated around. This boosted the companys popularity and the number of daily visitors accessing MakeMyTrips website increased dramatically. The outcome from this new way of business raked in profits for the company, and Deep decided to widen his portfolio and his brand began to offer trip services across India. and Google were touching new heights. NSE Gainer-Large Cap . After a backing of 2 million USD from eVentures and co-founders like Keyur Joshi, Rajesh Magow and Sachin Bhatia, he launched one of the most popular websites in todays timeMakeMyTrip. 2020-2020. You are here: Home / Resource Leaders / DEEP KALRA. Indian Institute of Management. The focus has to be on the pain point and how it can be solved, he added. The situation was so bad that Deep had to cut down his team size by half and reduce the renumeration of executives in his company by half as well. AMF Bowling Centers. Download our data in Excel on your PC. The thrill and excitement of venturing beyond ones nest is what nearly each one of us longs for. Vinod Giri. Founder . Learn about your clients' org charts. Deep steered MakeMyTrip as CEO since its inception in 2000, to a successful listing on NASDAQ in August 2010. 5Y Return. Deeps wish was to kick out nosy and stingy travel agents and streamline the travel and holiday planning industry so that travelers found it easier to plan cost effective trips. Deep is the Founder and Group CEO of Indias leading online travel company, MakeMyTrip Limited. Deep Kalra, founder and executive vice-chairman, MakeMyTrip. 2,414 executive movements have been recorded in the last 12 months. Member, Board. Updated: 30 Mar 2016, 01:50 AM Name: Deep Kalra Profile: Founder, Makemytrip.com, a company that today hires 670 people and will do Rs. Who is Deep Kalra? Create an alert to follow the career of Deep Kalra. 1995-Board Memberships & Affiliations. Frida Dominic, CAMS. This established Deep Kalra and his team as entrepreneurs. Get the latest posts delivered right to your inbox. He holds a Bachelors degree in Economics from St. Stephens College, Delhi University, India, and a Masters degree in Business Administration from the Indian Institute of Management, Ahmedabad, India. 5Y Return. Work, assignments, and stress. An idol both on and off field, Deeps life is all about hard work and determination. But destiny had other plans as the dotcom bubble burst two days after MakeMyTrip began operations; the team lost its funding in entirety. China and Chinese companies are destroying our country from the core. Fundamentally, COVID has been the biggest blessing that the internet economy could get in India. Lyndonjohn Pinheiro. How does one avoid trip agents who make profits from your travel plans, leaving with you a lighter wallet? This is no easy feat and commends respect! Report an error See the complete profile on LinkedIn and discover Deep Contact the executives through our email platform. Nifty 13,349.55-6.2. About Deep Kalra: Deep Kalra is the founder and CEO of Indias leading online travel company, MakeMyTrip.com. Hyderabad. News. The tie-up with IRCTC worked wonders. A major turnover for a company that had faced the wrath of the dotcom crash. Learning from experiences every day and being passionate about what you do have been the driving mantra for Deep Kalra. Add private notes. digitization. online travel industry is MakeMyTrip. The Startup Story of MakeMyTrip Deep Kalra, who is an IIM-A alumnus, became the MakeMyTrip owner in the year 2000. In August 2010, it successfully listed its IPO on Nasdaq. , Goibibo India-Online Travel Booking Portal, Online travel booking became a sensation with the advent of smartphones and Deep Kalra is an Indian businessman and Founder of MakeMyTrip. After doing his master's in business administration, Deep Kalra took the seemingly conventional route and started his career with ABN Amro Bank and GE Money between 1991 and 1999. And in India, things take longer. His company (MakeMyTrip) was recognized as the Best Travel Portal India by World Travel Awards in 2013 and 2014. South Asian Operations. Deep Kalra - Initial Struggles Kalras journey with MakeMyTrip however, was more chance and FEATURED FUNDS Mirae Asset Tax He has steered MakeMyTrip as CEO since its inception in 2000, to a successful listing on NASDAQ in August 2010. Deep has 3 jobs listed on their profile. Hyderabad. The Rise After The Storm - MakeMyTrip individual whose journey to fame and prosperity was imbued with challenges . He took on the role of Group CEO in August 2013, to focus on Strategy, M&A and international businesses. NEW DELHI: To build a startup it is important for entrepreneurs to be clear about the problem that needs to be solved and be sure that he can provide a solution to it, MakeMyTrip Founder and Group Executive Chairman Deep Kalra said. Exploration and wanderlust are on every persons bucket list. With an army of 2,000,000 customers, they crossed the 1000 crore INR mark in the year 2008. The company achieved sales of R3400 crore in 2010- 2011. He established the company in April 2000 after a successful stint at GE Capital, AMF Bowling Inc and ABN Amro Bank. Deep Kalra, founder, MakeMyTrip In this column, we bring you the stories behind how startup founders got their business idea, and the things, events, and actions that eventually led them to Do you need to know more about Deep Kalra? Nexus Venture Partners. FEATURED FUNDS SBI Small Cap Fund Direct-Growth. Deep Kalra - Education YourStory Media. They are Corona Companies and are working for new age Chinese colonialism. 2020-2020. Deep Kalra decided to use the internet as a catalyst for a new business. Deep served as the President of TiE Delhi Chapter from 2013 to 2016 and continues to serve as an active board member. Deep Kalra was one of the early movers in the travel space. Use our Premium/VIP Service to contact Deep Kalra by email now. Highly enthusiastic about brands and startups, he aims to be a travel content creator. Deep Kalra's MakeMyTrip Ideation Deep Kalra, group chief executive (CEO) of Nasdaq listed MakeMyTrip Group, has stepped down, Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. What Are The Best Ways To Do Personal Branding? People like Deep Kalra are Chinese agents who run companies which are owned by Chinese companies/ funds. View Full Post. 10,000 people are expected to get together for a Deep Kalra, Aditya Ghosh and many industry leaders come together at Ashoka University Conference on Shaping Organizations of the Future June 25, 2020 EXHIBITIONS , Recent Posts Ashoka University will host a day-long national online conference with industry experts to track the current disruptions in organisations due to COVID-19 and solutions to shape the future of organisations This blew off its competitors and made it a top gun. 2020-2020. In the same year, the company recorded profits of 5 million USD. DEEP KALRA. In the Entertainment & Travel industry, Deep Kalra has 6,662 colleagues in 549 companies located in 58 countries. 210 crore in revenues (commissions) in the year ending March 2010. An ambitious and talented man, who has over 27 years of work experience in e-commerce, sales, marketing, corporate banking, financial analysis and senior management roles. Update the org chart details of Deep Kalra. MakeMyTrip: Deep Kalra's journey from failure in bowling startup to travel major 05 Aug, 2015, 11:12AM IST Started at the height of the dotcom crash, Deep Kalra talks about his entrepreneurial journey to start MakeMyTrip, why the company may need to be mobile only one day and the trial by fire that he had to go through to find success. Pine Labs Pvt. Vinod Giri Managing HR Operations and Global Talent Acquisition at Fetchr. Founder and Group CEO, MakeMyTrip Limited . He tells budding entrepreneurs to consider life as a marathon. He is on the Board of Directors at The Indus Entrepreneurs (Delhi). Having served as the CEO. Select key words to follow your clients. Deep has been instrumental in making MakeMyTrip Indias number one trip advisor. MakeMyTrip has a current market cap of more than 2 billion USD. Interesting, Uber, Ola's biggest rival in India, already has a strong presence in Australia. A company that holds a major share in the Indian YES Bank 16.80 1.05. Deep was Vice President of Business Development for GE Capital. Kalra News and Updates from The Economictimes.com. Deep Kalras name shall be embellished in gold on the list of Indias prominent entrepreneurs! During his break, he started a business of bowling alleys in the time of 90s. Deep Kalra as An Inspiration. Deep Kalra joined MakeMyTrip in 2010. StartupTalkers. Under Deeps leadership, the bridge between the Indian and the U.S. stock exchange narrowed. Deep Kalra finished his high-school studies in St. Columbias school New Delhi. Related Posts. research reports and start events. Since year 2000, MakeMyTrip is helping Work Experience. Kalra in a webinar on conversation with co-authors of a book, 'Funding Your Start-Up: And Other Nightmares' also said that agility and resilience are important attributes for an entrepreneur. With the introduction of MakeMyTrip, these yearnings have become a reality. He obtained his bachelor's degree in Economics from St. Stephen's College, Delhi in 1990 and his MBA from Indian Institute of Management Ahmedabad in 1992. He is on the Board of TiE (The IndUS Entrepreneurs) Delhi Listed as The Best Companies to Work For by Great Place to Work Institute during 2010, 2011, 2012,2013. His education credentials coupled with his achievements have established him as a success story who brought a change in India. Business Management. File your clients in folders. After IRCTC brought the online services, Deep made the best out of the opportunity at hand. This was an attempt to launch the ten pin bowling revolution in India, but couldnt take off. For each of our 921,144 listed executives. MakeMyTrip was able to do it. Serena Nanavaty . Connect with us to share your opinions and learnings with fellow Education is not what you do in school and college; education is what you do daily.-Deep Kalra. Initially the MakeMyTrip team chose to serve only India-United States trips. Make my trip-Deep Kalra 1. Deep Kalra Work Experience and Education. According to IAMAI e-commerce report (2013), travel accounts for 71% of Perhaps, MakeMyTrips biggest achievement was its listing in NASDAQ in 2010. Deep and MakeMyTrips breakthrough came after IRCTC enabled online booking of tickets. I dont think any amount of education prepares you for those kind of decisions. Even after opening 200 lanes, bowling couldnt strike the right chords with the Indian crowd. MakeMyTrip Success Story- Founder, Business Model, Funding, Team, News, Revenue, Increasing number of Indians are now booking tickets and hotels online. These three words take up significant time in a millennials day. One of the leading online travel companies in India, Make My Trip has had a tremendous impact on online travel facilitation, a space where even international behemoths like Expedia and Booking are now venturing. He reached the senior levels, but gave it all up to follow a different track. View the executives' biographies. Chinese companies and companies like MakeMyTrip whose majority is owned by Chinese companies should be banned in India. Benchmarks . United Arab Emirates. Team chose to serve only India-United States trips crossed the 1000 crore INR mark the An Indian businessman and Founder of MakeMyTrip has made planning trips easier his Org chart details of Deep Kalra turnover for a company that today hires 670 people and will do Rs and! 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