MakeMyTrip, one of India's leading online travel company has announced that it has acquired certain assets of Mygola.com and the entire Mygola team
MakeMyTrip, one of India’s leading online travel company has announced that it has acquired certain assets of Mygola.com and the entire Mygola team have joined the MakeMyTrip family to focus on cutting-edge innovation in online travel. This acquisition is done through earlier announced Innovation Fund which is formed to invest in start-up or early-stage companies in the travel technology space.
Rajesh Magow, co-founder and CEO, MakeMyTrip India said, “Mygola team’s deep understanding of travellers’ planning and in-destination experience preferences will be very valuable in strengthening our proposition in these and related areas of customer engagement. We were impressed with their ability to build world-class experiences on both web and mobile for the global audience.”
- Nomura maintains ‘Buy’ rating for this NASDAQ listed Indian travel firm; sees 30% upside potential
- Bring The Destination Home: Meetings & social events are scheduled on online platforms, so why not travel?
- Food, grocery becomes new oxygen for Covid-slaughtered firms; now MakeMyTrip turns to online delivery
Anshuman Bapna, CEO, Mygola said, “We’ve always taken pride in being laser-focused on the traveller’s needs and rethinking online travel planning. MakeMyTrip is the leader in one of the world’s most exciting travel markets, and the team is super-excited to bring all this knowledge to the millions of MakeMyTrip travellers.”
Founded in 2009 by Anshuman Bapna and Prateek Sharma, Mygola raised capital from Helion Ventures, Blumberg Capital, 500Startups and numerous angels. The company built a website (mygola.com) that covers more than 20,000 destinations worldwide, sees half a million organic visitors a month and was nominated twice for the Top Innovator at PhoCusWright.
Deep Kalra, Group CEO, MakeMyTrip India said, “I’ve known the Mygola team for over four years now and they have fantastic product expertise, especially in the mobile space. We look forward to their energy and enthusiasm as they join this exciting ride.”