As a part of his new role, Kalra will devote time towards mentoring MakeMyTrip’s leadership team along with focusing on strategic initiatives within the company. “Deep Kalra, MakeMyTrip’s founder, has been the group executive chairman of MakeMyTrip since February 11, 2020. In his new role as group chairman and chief mentor effective April 1, 2022, which was approved by the board of directors of MakeMyTrip, Deep Kalra will devote his time in providing mentorship to MakeMyTrip’s leadership team, as well as continuing to pursue strategic initiatives such as product innovation and expansion,” the company said in the filing.
MakeMyTrip’s group chief executive officer Rajesh Mago will continue to focus on driving the next phase of growth for the travel website through its three brands—MakeMyTrip, Goibibo and Redbus.
The company also announced its unaudited interim financial and operating results for the third quarter ending December 31. “We reported our best adjusted operating profit quarter during the ongoing pandemic supported by pent-up travel demand following the second wave of Covid-19 cases in India, coupled with festive travel and winter holidays seasonality,” Kalra said in a statement. “While the current Omicron wave has impacted consumer sentiment for leisure travel from January 2022, we continue to observe demand for domestic essential travel.”
MakeMyTrip’s gross bookings increased by 93% year-on-year to $1.15 billion in the third quarter.
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