Is MakeMyTrip a Swadeshi Company?
Online travel booking platform for flights, hotels, and holiday packages
Frequently Asked Questions
No, MakeMyTrip is not owned by Indians. It is currently owned by Ctrip (now Trip.com Group) from China. Trip.com Group (majority shareholder).
MakeMyTrip was founded in India in 2000 by Deep Kalra. However, it was acquired by Ctrip (now Trip.com Group) in 2016, making it a foreign-controlled company despite its Indian origins.
No, MakeMyTrip is not a Swadeshi company. Merged with Chinese travel giant Ctrip (Trip.com), which became the largest shareholder
MakeMyTrip is owned by Ctrip (now Trip.com Group) from China. Trip.com Group (majority shareholder). The acquisition took place in 2016 for $1.4 billion (merger).
MakeMyTrip is not publicly listed on Indian stock exchanges as a standalone entity.
MakeMyTrip was acquired in 2016 by Ctrip (now Trip.com Group) for $1.4 billion (merger).
India's leading travel platform now controlled by Chinese interests
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