Comprehensive Summarization:
MakeMyTrip, a Nasdaq-listed company headquartered in Gurugram, reported that its gross bookings from the corporate travel segment surpassed $1 billion in 2025, serving over 40 lakh employees. This segment, which includes platforms like Quest2Travel, MyBiz, and Happay, now contributes over 10% to the company’s overall bookings. The company serves a client base of 500 large enterprises, including 150 of the top BSE 500 listed companies and 75,000 SMEs nationwide. Rajesh Magow, cofounder and Group CEO of MakeMyTrip, highlighted that the corporate travel business, though younger than the B2C business, has scaled rapidly over the past five years. Looking ahead, MakeMyTrip is focused on expanding services such as forex and visa support to enhance its value proposition for corporate international travelers.
Key Points:
- MakeMyTrip’s gross bookings from the corporate travel segment exceeded $1 billion in 2025, serving more than 40 lakh employees.
- The corporate travel segment, comprising platforms like Quest2Travel, MyBiz, and Happay, now contributes over 10% to the company’s overall bookings.
- MakeMyTrip serves a client base of 500 large enterprises, including 150 of the top BSE 500 listed companies and 75,000 SMEs nationwide.
- Rajesh Magow, cofounder and Group CEO of MakeMyTrip, noted that the corporate travel business has scaled rapidly in about five years.
- The company is working on expanding services such as forex and visa support to strengthen its value proposition for corporate international travelers.
Actionable Takeaways:
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Expansion of Corporate Travel Services: MakeMyTrip’s focus on expanding services like forex and visa support indicates a strategic move to enhance its value proposition for corporate international travelers. This expansion could lead to increased market share in the corporate travel segment, potentially driving higher revenue and market penetration among large enterprises.
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Focus on Scaling Corporate Travel Business: The rapid scaling of MakeMyTrip’s corporate travel business over the past five years suggests a strong growth trajectory. Companies looking to enter or expand in the corporate travel market should consider partnerships or acquisitions that can accelerate their growth in this segment, leveraging MakeMyTrip’s model of rapid scaling and service diversification.
Contextual Insights:
The article reflects the growing importance of corporate travel in the travel industry, especially as companies increasingly prioritize global operations and international collaborations. The expansion of services such as forex and visa support aligns with broader industry trends towards comprehensive travel solutions that cater to the multifaceted needs of corporate travelers. This shift underscores the importance of innovation and service diversification in the travel tech sector, where companies must continually adapt to meet the evolving demands of their clientele. Furthermore, the rapid scaling of MakeMyTrip’s corporate travel business highlights the potential for startups and established players alike to capitalize on the growing demand for efficient, integrated travel solutions in the corporate sector.
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