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