rajesh magow

“I think huge opportunity, but then you have to dirty your hands. Because that is brick and mortar stuff, right? That is, I mean, you of course can use technology or whatever, but it is, lot of it is brick and mortar stuff that you have to do it.”

“So right now, volume wise, overwhelming, 75, 80% of the bookings will happen in the app.”

“Because of the lack of digitization on the supply side, including all the experiences and the activities that you could potentially do, you just cannot discover anything, and you cannot just seamlessly book anything.”

“And if you start to think long term, like, 1020 years down, it's a huge opportunity.”

“Well, Nikmatrip, let's say gross booking value, last year, fully, full last year reported, it's about eleven billion dollars.”

“Pivot is working. At least on the face of it, when you look at the numbers, it is working.”

“Because the asset classes are not tokenized at all. I mean, forget about tokenized. It's hardly any digitization.”

“But if a youngster has to do it, then young, it'll be really hard for a youngster to build this kind of a thing without completely staying high or low touch on the back of the content, right? It's very hard, right? Because you don't have a brand.”

“Yeah, they followed them.”

“Like we have, whichever report that you see it, anywhere between 1.5 to 1.67 million rooms.”

“My product is, is below average right now, you know, world benchmark, like some of the places would be world class. But if I look at it, pan India, I, it is average.”

“And you know, yes, today you can go to smart buy and you have the Infinia card and on HDFC you can buy, you leveraging your points. But guess what, that also is being powered by one of us.”

“Anyone who's thinking about travel tech, anyone who's thinking about out of box niche area, I don't think the advice should be, To start another similar me to kind of a model in a crowded space already, because that era is gone, to be honest, because the inter…”

“I think there's an opportunity in India, like, ah, think like, get your guide or a clue kind of a model. It's a tours and attractions.”

“I remember even in Make My Trip, when we were setting it up, none of us knew travel. Not even one person except one co-founder who had some travel background. Starting with Deep, me, Sachin, Kayur. Kayur was the only one who had some background and our leaders…”

“I just wanted to build on this, that it is better built by non-oteliers. So sometimes, if you have to do out-of-box thing, you don't have to get the same person from the industry.”