The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Sharma: Indian OTAs are legally passenger agents obliged to show all flights
“So I don't know how many people in India know that when you buy a ticket from make my trip Yatra or clear trip or any of these place, they are passengers agents. So you pay a convenience fee. The airline doesn't pay them. And that means that when Akasa air as …”
Pitti: Hiring From MakeMyTrip or Cleartrip Won't Solve EaseMyTrip's Problems
“Hiring somebody from Make My Trip, Clear Trip, Yatra, they're not going to help solve the problems which we are solving or the kind of structure which we have.”
Verma: Indian e-commerce could not have scaled in 2007
“I don't think a company in e-commerce could have scaled as well. If it was in 2007 in India, it would have. There were early signs, you know, the yatras in the, and the make my trips were the early signs of transaction level booking, but the e-commerce came in…”
SAIF fully exited MakeMyTrip and secured secondary liquidity in Paytm and Swiggy
“So we exited all our stake in make my trip some time back. We had some secondary exit in Paytm. We had some in Swiggy.”
Somani: MakeMyTrip Listed on NASDAQ With $60M Revenue and $8M EBITDA
“It was about sixty million in revenue, real revenue. At that time there was no ARR, there was no GMB. We wish we knew GMB. Maybe the company would have been listed at a higher valuation. And about eight million dollars in actual EBITDA, right?”
How MakeMyTrip succeeded in 2006 by leveraging omnichannel distribution
“And, ah, this, you know, almost at the same time, we backed a company called Make My Trip, which was, ah, you know, I think way ahead of competition even back then. Ah, thankfully, it has retained that, ah, lead And it was making itself widely available throug…”
Aggarwal: Helion succeeded in MakeMyTrip and BigBasket, struggled in high-friction physical businesses
“I think we've had a share of good investments like Make My Trip, Red Bus, Big Basket, Topper. We've had very good investments in outsourcing. We haven't done as well in some physical businesses where there's lot more friction.”