Nexus Venture Partners. What Are The Best Ways To Do Personal Branding? Interesting, Uber, Ola's biggest rival in India, already has a strong presence in Australia. United Arab Emirates. Do you need to know more about Deep Kalra? Chief Executive Officer. In the same segment where Cleartrip and MakeMyTrip Deep Kalraâs name shall be embellished in gold on the list of Indiaâs prominent entrepreneurs! 5Y Return. Deep had to go back to the corporate sector and joined GE capital. Manu Deep Kalra Please Follow, Maximum 30k connections limit reached. I donât think any amount of education prepares you for those kind of decisions. The internet sector was on the rise during the mid-90s and web sites like Yahoo! A major turnover for a company that had faced the wrath of the dotcom crash. 2017-2020. online travel industry is MakeMyTrip. View the executives' biographies. In August 2010, it successfully listed its IPO on Nasdaq. â¦ Deep Kalra, founder and executive vice-chairman, MakeMyTrip. Deep Kalra - Achievements âEducation is not what you do in school and college; education is what you do daily.â-Deep Kalra. The Startup Story of MakeMyTrip Deep Kalra, who is an IIM-A alumnus, became the MakeMyTrip owner in the year 2000. FEATURED FUNDS â â â â â Mirae Asset Tax â¦ Chinese companies and companies like MakeMyTrip whose majority is owned by Chinese companies should be banned in India. Having served as the CEOâ¦. The focus has to be on the pain point and how it can be solved, he added. Extend your search. 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. digitization. View Full Post. Learn more about Entertainment & Travel. Select key words to follow your clients. 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. Business Management. And itâs only going to get more hectic. Founder and Group CEO, MakeMyTrip Limited . China and Chinese companies are destroying our country from the core. He studied Economics at the undergraduate level at St. Stephenâs College Delhi, one of â¦ They are Corona Companies and are working for new age Chinese colonialism. Deep Kalra - Education Updated: 30 Mar 2016, 01:50 AM â¦ Receive alerts when executive movements happen. Founder . Exploration and wanderlust are on every personâs bucket list. Name: Deep Kalra Profile: Founder, Makemytrip.com, a company that today hires 670 people and will do Rs. Founder & Chief Executive Officer. 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. research reports and start events. Deep is the Founder and Group CEO of Indiaâs leading online travel company, MakeMyTrip Limited. According to IAMAI e-commerce report (2013), travel accounts for 71% of Venture Partners. FEATURED FUNDS â â â â â ICICI Prudential Bluechip Fund Direct-Growth. âIndia is at an interesting point. Deep Kalra is an Indian businessman and Founder of MakeMyTrip. Deep Kalra, Aditya Ghosh and many industry leaders come together at Ashoka University Conference on âShaping Organizations of the Futureâ 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 Mississauga, ON. Deep Kalra joined MakeMyTrip in 2010. 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. Nifty 13,349.55-6.2. Greater Chicago Area. These three words take up significant time in a millennialâs day. Create an alert Kalraâs journey with MakeMyTrip however, was more chance and â¦ See the complete profile on LinkedIn and discover Deepâ¦ Get the latest posts delivered right to your inbox. EDUCATION &JOB â¢ BA from St Stephen's college, and then an MBA from IIM Ahmadabad. Vinod Giri. Deep Kalra finished his high-school studies in St. Columbiaâs school New Delhi. Later, there was a steady rise in the marketing value of MakeMyTrip. How does one avoid trip agents who make profits from your travel plans, leaving with you a lighter wallet? Report an error â¢ After three years in banking and exploring various options in marketing (Arvind Mills and Pizza Hut among them), Deep chose to do something âcrazyâ. Deepâs 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. 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. Update the org chart details of Deep Kalra. The Rise After The Storm - MakeMyTrip News. An idol both on and off field, Deepâs life is all about hard work and determination. Deep Kalra - â¦ Pine Labs Pvt. This week we bring you stories that dive into the minds of industry leaders such as Unacademyâs Gaurav Munjal, MakeMyTripâs Deep Kalra, and upGrad Co-founder Ronnie Screwvala. Deep has been instrumental in making MakeMyTrip Indiaâs number one trip advisor. This boosted the companyâs popularity and the number of daily visitors accessing MakeMyTripâs website increased dramatically. MakeMyTrip was able to do it. [/makemytrip-indian-startup-success-story/] were already predominantly present, Goibibo disrupted the travel segment by providing seamless travel experience iâ¦, Dara Khosrowshahi: CEO of Uber | Turning The Tables For Uber, Overcoming the odds in life is more than a test. 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). Deep Kalra - Education He holds a Bachelorâs degree in Economics from St. Stephenâs College, Delhi University, India, and a Masterâs degree in Business Administration from the Indian Institute of Management, Ahmedabad, India. Deep Karla shows how to navigate through tough times. He has steered MakeMyTrip as CEO since its inception in 2000, to a successful listing on NASDAQ in August 2010. DEEP KALRA. Frida Dominic, CAMS. File your clients in folders. 2. Understand their industries and their competitors. StartupTalky is Indiaâs leading media platform for entrepreneurs to read and share startup stories, startup news, Learn about your clients' org charts. 2,414 executive movements have been recorded in the last 12 months. Deep Kalra - Initial Struggles 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. In the Entertainment & Travel industry, Deep Kalra has 6,662 colleagues in 549 companies located in 58 countries. Serena Nanavaty. Listed as âThe Best Companies to Work Forâ by Great Place to Work Institute during 2010, 2011, 2012,2013. But destiny had other plans as the dotcom bubble burst two days after MakeMyTrip began operations; the team lost its funding in entirety. MakeMyTrip was one of the few companies to survive the bubble bust. FEATURED FUNDS â â â â â SBI Small Cap Fund Direct-Growth. After three unsuccessful trials, for your security, Deep Kalra - Chairman of the Board - MakeMyTrip, management list view | www.makemytrip.com. Update the org chart details of Deep Kalra. People like Deep Kalra are Chinese agents who run companies which are owned by Chinese companies/ funds. 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. Perhaps, MakeMyTripâs biggest achievement was its listing in NASDAQ in 2010. South Asian Operations. This is no easy feat and commends respect! He took on the role of Group CEO in August 2013, to focus on Strategy, M&A and international businesses. MakeMyTrip has a current market cap of more than 2 billion USD. 2020-2020. 2020-2020. This established Deep Kalra and his team as entrepreneurs. In the same year, the company recorded profits of 5 million USD. Hyderabad. His work with AMF bowling wasnât successful because his boss who used to live in the United States did not provide any sort of mentorship. Connect with us to share your opinions and learnings with fellow As a result, most of us and not just the millennials yearn for that much needed break. detained by Iranian authorities for six years. His company (MakeMyTrip) was recognized as the âBest Travel Portal Indiaâ by World Travel Awards in 2013 and 2014. Deep Kalra is the owner of one of the most successful travel sites in India, MakeMyTrip. A long trip to Goa or visiting monuments usually does the job of shedding some stress. And in India, things take longer. Deep was Vice President of Business Development for GE Capital. Serena Nanavaty . Deep Kalra Work Experience and Education. 12.44 % Invest Now. Lyndonjohn Pinheiro. With the introduction of MakeMyTrip, these yearnings have become a reality. An ambitious and talented man, Â who has over 27 years of work experience in e-commerce, sales, marketing, corporate banking, financial analysis and senior management roles. This meant MakeMyTripâs business model concurring with IRCTCâs plans. He is on the Board of Directors at The Indus Entrepreneurs (Delhi). Initially the MakeMyTrip team chose to serve only India-United States trips. Deep Kalra is also a member of CIIâs sub tourism committee. He reached the senior levels, but gave it all up to follow a different track. The company achieved sales of R3400 crore in 2010- 2011. He is the chairperson of NASSCOM Internet Working Group. Deep and MakeMyTripâs breakthrough came after IRCTC enabled online booking of tickets. 210 crore in revenues (commissions) in the year ending March 2010. With an army of 2,000,000 customers, they crossed the 1000 crore INR mark in the year 2008. Deep Kalra is Chairman/Co-Founder at Makemytrip Ltd. See Deep Kalra's compensation, career history, education, & memberships. Make my trip-Deep Kalra 1. 2020-2020. Hyderabad. Luckily, Deep Kalra, an alumnus of the prestigious Indian Institute of Management has made planning trips easier using his brilliance and ingenuityâMakeMyTrip. 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. Fundamentally, COVID has been the biggest blessing that the internet economy could get in India. by ahardik 4 weeks ago 4 weeks ago. Deep has 3 jobs listed on their profile. Education of Deep Kalra. View Deep Kalraâs profile on LinkedIn, the world's largest professional community. MakeMyTrip Success Story- Founder, Business Model, Funding, Team, News, Revenue, Increasing number of Indians are now booking tickets and hotels online. â¦, Goibibo India-Online Travel Booking Portal, Online travel booking became a sensation with the advent of smartphones and Use our Premium/VIP Service to contact Deep Kalra by email now. Deep Kalra decided to use the internet as a catalyst for a new business. 10,000 people are expected to get together for a â¦ YourStory Media. Every 1 in 12 flight tickets was now booked from MakeMyTrip! Add private notes. 5Y Return. The tie-up with IRCTC worked wonders. Deep Kalra was one of the early movers in the travel space. YES Bank 16.80 1.05. During his break, he started a business of bowling alleys in the time of 90s. A company that holds a major share in the Indian Recovering from any drastic event at a global scale is no piece of cake, requiring meticulous planning, strategy, execution and some luck. Work, assignments, and stress. Who is Deep Kalra? Rumi Contractor. Taking on Uber. MakeMyTrip CEO Deep Kalra BCCL A Citizen Mass Meet is being organized to demand corrective measures to fight air pollution . Learning from experiences every day and being passionate about what you do have been the driving mantra for Deep Kalra. StartupTalkers. Deep Kalra as An Inspiration. 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 todayâs timeâMakeMyTrip. Mr. Indian Institute of Management. individual whose journey to fame and prosperity was imbued with challenges . Member, Board. He holds a Bachelorâs degree in Economics from St. Stephenâs College, Delhi University, India, and a Masterâs degree in Business Administration from the Indian Institute of Management, Ahmedabad, 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. 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. Deep Kalra's net worth is estimated around. Deep served as the President of TiE Delhi Chapter from 2013 to 2016 and continues to serve as an active board member. Born in Iran, his family moved to the United States after his father was Under Deepâs leadership, the bridge between the Indian and the U.S. stock exchange narrowed. and Google were touching new heights. Dara Khosrowshahi is one such e-commerce business in India. Even after opening 200 lanes, bowling couldnât strike the right chords with the Indian crowd. 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. Frida â¦ Deep started with ABN Amro Bank. The thrill and excitement of venturing beyond oneâs nest is what nearly each one of us longs for. Kalra News and Updates from The Economictimes.com. BENGALURU: Online travel operating major MakeMyTrip group announced Tuesday evening that its co-founder Deep Kalra is moving to a new role of â¦ This itself begs for an answer to how one could reach their destination. MakeMyTripâs third quarter profit fell 25% to US$1.2m, a result CEO Deep Kalra blamed on âincreasingly difficult operating conditions as the health of our domestic airline industry remain uncertain.â For each of our 921,144 listed executives. In the initial years, an entrepreneur spends most of the time doing non-core business because you donât have a team. He established the company in April 2000 after a successful stint at GE Capital, AMF Bowling Inc and ABN Amro Bank. Work Experience. Contact the executives through our email platform. Lyndonjohn Pinheiro. He is the Vice Chairman of IAMAI and a member of â¦ to follow the career of Deep Kalra. This was an attempt to launch the ten pin bowling revolution in India, but couldnât take off. Photo: Ramesh Pathania/Mint How Deep Kalra made his trip 3 min read. His education credentials coupled with his achievements have established him as a success story who brought a change in India. 1995-Board Memberships & Affiliations. 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. NSE Gainer-Large Cap . You are here: Home / Resource Leaders / DEEP KALRA. 17.75 % Invest Now. This blew off its competitors and made it a top gun. Download our data in Excel on your PC. Deep steered MakeMyTrip as CEO since its inception in 2000, to a successful listing on NASDAQ in August 2010. Deep Kalra's MakeMyTrip Ideation He tells budding entrepreneurs to consider life as a marathon. Here are a few. Since year 2000, MakeMyTrip is helping Rumi Contractor. AMF Bowling Centers. Highly enthusiastic about brands and startups, he aims to be a travel content creator. 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 â¦ Vinod Giri Managing HR Operations and Global Talent Acquisition at Fetchr. Benchmarks . After serving for three years, he decided to start his own venture, and brought AMF bowling. 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. About Deep Kalra: Deep Kalra is the founder and CEO of Indiaâs leading online travel company, MakeMyTrip.com. After IRCTC brought the online services, Deep made the best out of the opportunity at hand. He is on the Board of TiE (The IndUS Entrepreneurs) Delhi â¦ Related Posts. This is an overview of the education, received by the Make My Trip owner Deep Kalra. Deep served as Chief Executive Officer and Chairman of the Board at MakeMyTrip. 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. 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