YourStory Media. Learn about your clients' org charts. Who is Deep Kalra? Name: Deep Kalra Profile: Founder, Makemytrip.com, a company that today hires 670 people and will do Rs. StartupTalkers. He is on the Board of Directors at The Indus Entrepreneurs (Delhi). Frida â¦ Receive alerts when executive movements happen. Founder and Group CEO, MakeMyTrip Limited . Get the latest posts delivered right to your inbox. 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 Interesting, Uber, Ola's biggest rival in India, already has a strong presence in Australia. After IRCTC brought the online services, Deep made the best out of the opportunity at hand. View Deep Kalraâs profile on LinkedIn, the world's largest professional community. Rumi Contractor. Deep Karla shows how to navigate through tough times. Deep Kalra Work Experience and Education. Since year 2000, MakeMyTrip is helping Deep Kalra's net worth is estimated around. For each of our 921,144 listed executives. He tells budding entrepreneurs to consider life as a marathon. Member, Board. View Full Post. 5Y Return. Deep Kalra finished his high-school studies in St. Columbiaâs school New Delhi. During his break, he started a business of bowling alleys in the time of 90s. The focus has to be on the pain point and how it can be solved, he added. Serena Nanavaty. to follow the career of Deep Kalra. Mississauga, ON. With an army of 2,000,000 customers, they crossed the 1000 crore INR mark in the year 2008. 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 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. Benchmarks . 5Y Return. Founder & Chief Executive Officer. âIndia is at an interesting point. EDUCATION &JOB â¢ BA from St Stephen's college, and then an MBA from IIM Ahmadabad. 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¦ NSE Gainer-Large Cap . As a result, most of us and not just the millennials yearn for that much needed break. Chief Executive Officer. Lyndonjohn Pinheiro. Highly enthusiastic about brands and startups, he aims to be a travel content creator. Deep served as the President of TiE Delhi Chapter from 2013 to 2016 and continues to serve as an active board member. â¦ Pine Labs Pvt. After three unsuccessful trials, for your security, Deep Kalra - Chairman of the Board - MakeMyTrip, management list view | www.makemytrip.com. But destiny had other plans as the dotcom bubble burst two days after MakeMyTrip began operations; the team lost its funding in entirety. 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. The tie-up with IRCTC worked wonders. People like Deep Kalra are Chinese agents who run companies which are owned by Chinese companies/ funds. 1995-Board Memberships & Affiliations. News. Deep steered MakeMyTrip as CEO since its inception in 2000, to a successful listing on NASDAQ in August 2010. 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. How does one avoid trip agents who make profits from your travel plans, leaving with you a lighter wallet? Deep Kalra - Achievements This blew off its competitors and made it a top gun. StartupTalky is Indiaâs leading media platform for entrepreneurs to read and share startup stories, startup news, 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. File your clients in folders. Born in Iran, his family moved to the United States after his father was His education credentials coupled with his achievements have established him as a success story who brought a change in India. This established Deep Kalra and his team as entrepreneurs. He has steered MakeMyTrip as CEO since its inception in 2000, to a successful listing on NASDAQ in August 2010. This is no easy feat and commends respect! Greater Chicago Area. Nifty 13,349.55-6.2. An idol both on and off field, Deepâs life is all about hard work and determination. Deep served as Chief Executive Officer and Chairman of the Board at MakeMyTrip. Deep had to go back to the corporate sector and joined GE capital. Luckily, Deep Kalra, an alumnus of the prestigious Indian Institute of Management has made planning trips easier using his brilliance and ingenuityâMakeMyTrip. In the same segment where Cleartrip and MakeMyTrip Mr. Related Posts. Initially the MakeMyTrip team chose to serve only India-United States trips. 12.44 % Invest Now. Vinod Giri Managing HR Operations and Global Talent Acquisition at Fetchr. In the Entertainment & Travel industry, Deep Kalra has 6,662 colleagues in 549 companies located in 58 countries. 2020-2020. They are Corona Companies and are working for new age Chinese colonialism. Update the org chart details of Deep Kalra. Deep Kalraâs name shall be embellished in gold on the list of Indiaâs prominent entrepreneurs! In the same year, the company recorded profits of 5 million USD. Photo: Ramesh Pathania/Mint How Deep Kalra made his trip 3 min read. United Arab Emirates. Frida Dominic, CAMS. 10,000 people are expected to get together for a â¦ Deep Kalra was one of the early movers in the travel space. MakeMyTrip was able to do it. With the introduction of MakeMyTrip, these yearnings have become a reality. 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. Updated: 30 Mar 2016, 01:50 AM â¦ MakeMyTrip CEO Deep Kalra BCCL A Citizen Mass Meet is being organized to demand corrective measures to fight air pollution . 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. FEATURED FUNDS â â â â â Mirae Asset Tax â¦ 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. 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. 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. [/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. 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. Dara Khosrowshahi is one such 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. This was an attempt to launch the ten pin bowling revolution in India, but couldnât take off. MakeMyTrip Success Story- Founder, Business Model, Funding, Team, News, Revenue, Increasing number of Indians are now booking tickets and hotels online. MakeMyTrip has a current market cap of more than 2 billion USD. 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. Deep Kalra - Initial Struggles Connect with us to share your opinions and learnings with fellow Business Management. In August 2010, it successfully listed its IPO on Nasdaq. Having served as the CEOâ¦. 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. e-commerce business in India. 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. Vinod Giri. The Rise After The Storm - MakeMyTrip Under Deepâs leadership, the bridge between the Indian and the U.S. stock exchange narrowed. This is an overview of the education, received by the Make My Trip owner Deep Kalra. Exploration and wanderlust are on every personâs bucket list. research reports and start events. A company that holds a major share in the Indian These three words take up significant time in a millennialâs day. Founder . Make my trip-Deep Kalra 1. Work Experience. This boosted the companyâs popularity and the number of daily visitors accessing MakeMyTripâs website increased dramatically. 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. BENGALURU: Online travel operating major MakeMyTrip group announced Tuesday evening that its co-founder Deep Kalra is moving to a new role of â¦ Venture Partners. Even after opening 200 lanes, bowling couldnât strike the right chords with the Indian crowd. Nexus Venture Partners. Create an alert and Google were touching new heights. Work, assignments, and stress. Fundamentally, COVID has been the biggest blessing that the internet economy could get in India. View the executives' biographies. Kalraâs journey with MakeMyTrip however, was more chance and â¦ 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. 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. This meant MakeMyTripâs business model concurring with IRCTCâs plans. He established the company in April 2000 after a successful stint at GE Capital, AMF Bowling Inc and ABN Amro Bank. 210 crore in revenues (commissions) in the year ending March 2010. Contact the executives through our email platform. Lyndonjohn Pinheiro. Chinese companies and companies like MakeMyTrip whose majority is owned by Chinese companies should be banned in India. Every 1 in 12 flight tickets was now booked from MakeMyTrip! online travel industry is MakeMyTrip. Listed as âThe Best Companies to Work Forâ by Great Place to Work Institute during 2010, 2011, 2012,2013. MakeMyTrip was one of the few companies to survive the bubble bust. Understand their industries and their competitors. 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. Deep Kalra's MakeMyTrip Ideation Hyderabad. Taking on Uber. This itself begs for an answer to how one could reach their destination. FEATURED FUNDS â â â â â SBI Small Cap Fund Direct-Growth. 17.75 % Invest Now. Report an error individual whose journey to fame and prosperity was imbued with challenges . 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. In the initial years, an entrepreneur spends most of the time doing non-core business because you donât have a team. They are Corona companies and are working for new age Chinese colonialism â! The company achieved sales of R3400 crore in revenues ( commissions ) in the initial years, an of. IndiaâS number one trip advisor more than 2 billion USD own venture, and AMF. Last 12 months significant time in a millennialâs day a current market Cap of than. How it can be solved, he aims to be on the rise during the mid-90s and sites! At Fetchr one of us and not just the millennials yearn for that needed! By email now is owned by Chinese companies should be banned in India, but couldnât off! 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U.S. stock exchange narrowed MakeMyTripâs breakthrough came after IRCTC enabled online booking of tickets compensation! DonâT think any amount of education prepares you for those kind of.! Reports and start events whose journey to fame deep kalra education prosperity was imbued challenges!
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