1. P R E S E N T E D B Y : N A U S H A M A
Y A S M I N
Successful Entrepreneur-
Deep Kalra
2. Early Life
Deep Kalra was born in Hyderabad and grew up in
Ahmedabad and Delhi
Deep Kalra obtained his bachelor’s degree from St. Stephen’s
College, Delhi and his Master of Business Administration
degree (MBA) degree from IIM Ahmedabad – Indian Institute
of Management Ahmedabad in 1992
His career started soon after he completed his MBA degree
He went on to work for companies like ABN AMRO Bank, GE
Capital, etc! At GE Money, Deep’s career was progressing well
Three years at the bank, Deep decided to turn an entrepreneur
Deep is a founding member of an NGO named I am Gurgaon
He is also a part of the governing body of Ashoka University
3. History
Deep Kalra is an entrepreneur, Indian businessman who is the
founder and group CEO of the largest Indian online travel
company, MakeMyTrip
Deep Kalra took a huge risk by quitting good paying and stable
job at ABN Bank
He saw internet industry growing as fire, then the idea of online
travel booking came to his mind
Hence, with a funding of USD 2- million from e-ventures and
along with co founder like- Keyur Joshi, Rajesh Magow and
Sachin Bhatiya
Deep began his new journey with MakeMyTrip.com in 2000
4. Cont.
His small start up in Delhi focusing on the NRI
market- people seeking an economical ticket to visit
home
MMT recorded sales of Rs. 1000 crore and break
even in 2008
A 50% Growth was a stunning achievement for a
company less than 10 years old
Its aimed to offer a range of best-value products and
services along with cutting edge technology and
dedicated round-the-clock customer support
5.
6. MakeMyTrip’s Offerings
International and Domestic Air tickets
Holiday Package and Hotels
Domestic Bus and Rail Tickets
Private Car and Taxi Rentals
MICE (meeting, incentive, conferences &
exhibitions)
B2B and Affiliated Services
7.
8. MMT’ Strategy
Expand our hotels and packages business
Expand our services and products portfolio to
enhance Cross-Selling Opportunity
Expand our Travel Agents network
Enhance our services platforms by investing in
technology
Expand new Geographic Market
Pursue Selective Strategic Partnerships and
Acquisitions
9. Challenges Faced
Sell other products online
To manage many investors
Being innovative
Sustaining in economy crisis
Indian business profitable
10. MMT’s Views of the Customers
Short lesd time for booking holiday (3-6weeks)
Preference for pre-planned travel
Attitude towards travel: giving importance to status
Specific needs(e.g. dietary) because of their social/
religious background
No specific language problem: many Indian spoke
English
Preference for familiar Indian food
11. Choice of Target Customer
Males living in metros
Age group 24-44 years
Who are married
With a monthly household income of over Rs. 30000
From families which were internet savvy
With usage beyond email
Deal hunters
Early adopters
12. Qualities of Deep Kalra as Entrepreneur
Risk Taker
Innovative
Inner confidence
Fun in work
Honesty
Support from family
Belief
13.
14. Advice to young Entrepreneurs
Choose your field very carefully
Plan your funding very carefully
Its all about people
Make friends at works and promote an honest and
open working atmosphere
Don’t focus too much on exits