MakeMyTrip

Indian online travel portal MakeMyTrip is looking to utilise generative artificial intelligence (AI) models to build its core capabilities. Speaking at the Times Network India Digital Fest, the company's founder and chairman Deep Kalra said the artificial intelligence solutions would be able to summarise customer reviews and other feedback in an easy-to-understand way to help the platform develop content. Kalra added that such technology, along with machine learning and data science, would be able to provide consumers with tools to help them maximise their travel bookings, but also allow travel partners, including airlines and bus operators, to maximise returns. Read...

Good Glamm Group, an Indian beauty and personal care startup, has acquired Bulbul, a social media-based e-commerce platform founded by MakeMyTrip (MMT) co-founder Sachin Bhatia. The deal is expected to help Good Glamm boost its e-commerce capabilities and expand its customer base. Founded in 2018, Bulbul enables small businesses to sell their products through social media platforms such as TikTok, Instagram and WhatsApp. It has more than 100,000 sellers offering items ranging from clothes and accessories to home décor and electronics. The startup has raised $14.7m to date, including a $8.7m Series A round in 2020 led by Sequoia Capital....

MakeMyTrip emerged victorious in Entrackr’s Unicorn Premier League cricket tournament after defeating Pristyn Care by seven runs in the finals. MakeMyTrip scored a whopping 122 runs in 11 overs and Pristyn Care fell short in chasing the target. Somraj Mukherjee of OfBusiness was named the Purple Cap winner for taking the highest number of wickets, while Nikhil Gusain of MakeMyTrip won the Orange Cap for scoring the highest runs. Ankit Gupta of Pristyn Care bagged the ‘Player of the Tournament’ award. The UPL 2023 featured top Indian unicorns, and was sponsored by Probo, powered by Sequoia Capital India, and supported...

MakeMyTrip, an online travel company in Asia, has launched new features aimed at reshaping the travel booking experience in the UAE. The company has partnered with thousands of hotels across the Middle East, South Asia, Southeast Asia, and Europe to bring special prices for travellers from the UAE, and it has also partnered with leading banks such as Emirates NBD, ADCB, Emirates Islamic, Citi, and American Express to offer deals on flights and hotels. The new features include "Book @AED1," which enables travellers to make advance hotel bookings by paying just AED1, the Pay at Hotel feature, which allows users...

MakeMyTrip, a major online travel company in South Asia, has announced partnerships with thousands of hotels across Europe, the Middle East, Southeast Asia, and South Asia to offer special prices for UAE travellers. The company has also teamed up with major banks to provide attractive deals on hotel and flight bookings. The firm has launched an elaborate marketing campaign called ‘Break the Booking Routine’ to expand its customer base. MakeMyTrip has conducted consumer research and discovered travellers in the UAE are mainly seeking flexibility when booking, coupled with concerns over high cancellation charges. As a result, the firm has launched...

Oversold Conditions For MakeMyTrip (MMYT)  Nasdaq Read further.

Having reached pre-Covid level recoveries in the hotel, ground support and air segments, MakeMyTrip expects recovery in the international segment by the end of the summer quarter. Simultaneously, the company believes FY24 will be a year of growth for the Indian travel sector as a whole.“We are out of the recovery mode and now we are entering the growth segment,” said Rajesh Magow, CEO, MakeMyTrip.Speaking to businessline, Magow said the forecast for the Indian travel sector for... Read further.

MakeMyTrip's (NASDAQ:MMYT) Returns On Capital Are Heading Higher  Simply Wall St

Makemytrip $MMYT Technical Pivots with Risk Controls March 09, 2023, 23:45 pmET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn) Longer Term Trading Plans for MMYT NONE. Details There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist... Read further.