Leadership Update: MakeMyTrip
Deep Kalra stepped down as Group CEO in February 2020 and transitioned to the role of Founder & Executive Chairman. Rajesh Magow, co-founder, has served as Group CEO since February 2020.
MakeMyTrip, India’s largest online travel company, was founded in the year 2000 by Deep Kalra during the height of the dot-com era. Despite launching just before the internet meltdown and the 9/11 attacks, Kalra steered the company through years of uncertainty to become the dominant force in Indian online travel. MakeMyTrip went public on NASDAQ in August 2010, and after its landmark merger with Ibibo Group in 2017, the company now operates MakeMyTrip, Goibibo, and redBus. Deep Kalra served as Group CEO until February 2020, when he transitioned to the role of Executive Chairman. As of 2026, the NASDAQ-listed company (ticker: MMYT) commands a market capitalization of approximately $5.4 billion with annual revenue exceeding $978 million.
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Deep Kalra – Quick Facts
MakeMyTrip Competitors
MakeMyTrip operates in India’s highly competitive online travel agency (OTA) market. With an estimated 60% domestic market share, it faces competition from both Indian and global players. The key competitors of MakeMyTrip include:
- Booking.com – Global OTA giant and one of MakeMyTrip’s largest international rivals
- Expedia Group – Global travel technology company (Expedia, Hotels.com, Vrbo)
- Cleartrip – Indian OTA acquired by Flipkart/Walmart in 2021
- Yatra Online – India’s second-largest OTA, listed on NASDAQ
- ixigo – Indian travel aggregator and metasearch engine
- EaseMyTrip – Indian budget OTA listed on NSE/BSE
- Airbnb – Global accommodation marketplace expanding in India
- TripAdvisor – Travel review and metasearch platform
Deep Kalra Net Worth 2026 – MakeMyTrip Founder Salary
As of 2026, Deep Kalra’s net worth is estimated at approximately $140–230 million USD. His wealth is primarily derived from his equity stake in MakeMyTrip Limited (NASDAQ: MMYT), which he founded in 2000. As one of the largest individual shareholders, his net worth fluctuates with the company’s stock price. MakeMyTrip’s market capitalization was approximately $5.4 billion as of early 2026.
Deep Kalra Compensation Overview
MakeMyTrip Net Worth 2026 – Is MakeMyTrip Profitable?
Yes, MakeMyTrip is a profitable company. Under Group CEO Rajesh Magow (with Deep Kalra as Executive Chairman), MakeMyTrip delivered record results in fiscal year 2025 (ended March 31, 2025).
MakeMyTrip Financial Summary (FY2025)
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Deep Kalra Email Address | MakeMyTrip Founder Contact
Below are the official contact details and social media profiles for MakeMyTrip Founder Deep Kalra:
Career & Education – Company, University, & College
Deep Kalra is a pioneer of India’s online travel industry. After graduating from IIM Ahmedabad in 1992, he worked in banking, entertainment, and technology before founding MakeMyTrip in 2000. Here is his complete career timeline:
Deep Kalra Career Timeline
After his MBA from IIM Ahmedabad in 1992, Deep Kalra joined ABN AMRO Bank where he spent three years. Realizing that banking was not his calling, he moved to AMF Bowling Inc. to set up bowling alleys across India, opening more than 200 lanes in small centers. Though the bowling business ultimately could not sustain itself against larger competitors, the experience gave Kalra his first taste of entrepreneurship.
He then briefly joined GE Capital as Vice President of Business Development, where he tried to bring internet capabilities to GE’s India operations. After 16 months, Kalra left to pursue his own venture. The idea for MakeMyTrip struck when he was trying to sell his wife’s car online and realized the untapped potential of e-commerce in India.
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Deep Kalra launched MakeMyTrip in 2000, initially focusing on the US-India travel market. Despite the dot-com bust, 9/11, and a severe VC funding drought in India, Kalra persevered. MakeMyTrip went public on NASDAQ in August 2010, making it one of the first Indian internet companies to list in the United States. The landmark merger with Ibibo Group (owner of Goibibo and redBus) in 2017 consolidated MakeMyTrip’s position as the undisputed leader in Indian online travel. In February 2020, Kalra transitioned to Executive Chairman, handing the Group CEO role to co-founder Rajesh Magow.
Education


Deep Kalra Wiki – Age, Family, & More
MakeMyTrip Founder Deep Kalra (age 56 as of 2026) was born on May 18, 1969, in Hyderabad, India. He grew up in Delhi and Ahmedabad. Deep Kalra’s wife is Amrita Kalra (née Caprihan), who runs Frangipani, a curated storehouse of select Asian antiques, furniture, and artifacts, along with her sister Payal Caprihan. The couple has a son and a daughter and resides in Gurugram (Gurgaon), Haryana.
Notable Achievements & Recognitions
- NASDAQ IPO Pioneer – Led MakeMyTrip to become one of the first Indian internet companies listed on NASDAQ (August 2010)
- Ibibo Group Merger – Orchestrated the landmark 2017 merger with Ibibo Group, consolidating India’s online travel market
- KPMG Digital Influencer #1 – Topped KPMG’s influential digital influencers list in 2011
- World Travel Awards – MakeMyTrip won “Best Travel Portal India” consecutively (2013–2014)
- NASSCOM Executive Council – Served as member and chairperson of NASSCOM Internet Working Group
- Ashoka University Co-Founder – Founding member of Ashoka University, promoting liberal arts education in India
- TiE Delhi Board Member – Active mentor in India’s leading entrepreneurship network
- World Economic Forum – Recognized contributor and speaker at WEF events
Beyond business, Kalra is deeply involved in philanthropy. He co-founded “I am Gurgaon,” an initiative to improve the city’s quality of life through tree planting and waste management. He also works with Udayan Care, an NGO supporting orphaned children, and serves as a mentor at Ashoka University. Known for his love of travel, quizzing, swimming, adventure sports, and yoga, Kalra embodies the adventurous spirit of the company he built.
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About MakeMyTrip
MakeMyTrip Limited is India’s largest online travel company, headquartered in Gurugram, Haryana. Founded in 2000 by Deep Kalra, the company revolutionized the Indian travel booking experience. MakeMyTrip trades on the NASDAQ stock exchange under the ticker symbol MMYT and operates three major brands:
MakeMyTrip went public on NASDAQ in August 2010. In 2017, the company merged with the Ibibo Group (owned by Naspers), bringing Goibibo and redBus under its umbrella. The combined entity commands an estimated 60% share of India’s online travel market. In FY2025, the company processed over $9.8 billion in gross bookings and employed more than 5,100 people.
Frequently Asked Questions (FAQ)
Who is the founder of MakeMyTrip?
Deep Kalra is the founder of MakeMyTrip. He established the company in the year 2000 and served as Group CEO until February 2020, when he transitioned to the role of Founder & Executive Chairman. The current Group CEO is co-founder Rajesh Magow.
What is Deep Kalra’s net worth in 2026?
As of 2026, Deep Kalra’s net worth is estimated at $140–230 million USD, primarily based on his equity stake in MakeMyTrip Limited (NASDAQ: MMYT). His wealth fluctuates with the company’s stock price, which had a market capitalization of approximately $5.4 billion in early 2026.
What is Deep Kalra’s email address?
Deep Kalra’s email address is [email protected]. He can also be reached via Twitter/X at @deepkalra and on LinkedIn. MakeMyTrip’s corporate headquarters is located at DLF Cyber City, Gurugram 122002, India.
Is Deep Kalra still the CEO of MakeMyTrip?
No. Deep Kalra stepped down as Group CEO in February 2020 and transitioned to the role of Founder & Executive Chairman. The current Group CEO of MakeMyTrip is Rajesh Magow, who co-founded the company and has been leading it since 2020.
Where did Deep Kalra study?
Deep Kalra earned a B.A. in Economics from St. Stephen’s College, University of Delhi (1987–1990), and completed his MBA from the Indian Institute of Management (IIM), Ahmedabad (1990–1992). Both institutions are among the most prestigious in India.
Is MakeMyTrip a profitable company?
Yes, MakeMyTrip is profitable. In fiscal year 2025, the company reported net income of $95.3 million, revenue of $978.3 million (up 25% YoY), and record gross bookings of $9.8 billion. Adjusted operating profit reached an all-time high of $167.3 million.
Article last updated:February 2026March 2, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.