The Ledger
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Magow: IRCTC commands 80 percent of Indian online rail bookings
“And if you break that into then IRCTC versus all the other OTAs, including Make My Trip Go, Ibibo, Redbus, others, Zig Ziggo, and the others, all of us put together will be 15, 20%. 80% is IRCTC.”
Magow: MakeMyTrip holds about 30% share of Indian domestic flights
“Like for our total market share for domestic air segments will be about 30%. And they might be single digit, high single digit.”
Magow: 75 to 80 percent of travel bookings happen in mobile apps
“So right now, volume wise, overwhelming, 75, 80% of the bookings will happen in the app.”
Magow: MakeMyTrip reported $11B in gross booking value last year
“Well, Nikmatrip, let's say gross booking value, last year, fully, full last year reported, it's about eleven billion dollars.”
Magow: HDFC SmartBuy point redemptions are powered by online travel agencies
“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.”
Magow: Keyur Joshi was the only MakeMyTrip founder with travel experience
“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…”