Nasdaq-listed MakeMyTrip is exploring an India public listing, citing maturing local capital markets and strong appetite for internet stocks. FY26 revenue tracking $1 billion. CEO Rajesh Magow flags risk to travel sentiment if West Asia conflict drags on. Firm also took majority stake in Flamingo Transworld.

Business Standard · Companies · 6/2/2026, 7:11:54 PM

Iran-US conflict, $90+ crude and a rupee at 96.96/USD have pushed Europe roundtrips from Rs 60-70k to ~Rs 1 lakh and packages up 30-35%. MakeMyTrip air ticketing fell 2% QoQ to $58.73M; outward remittances dropped to $1.09bn in March from $1.65bn in January. Travellers defer or pivot to Japan, Vietnam, Korea; premium experiential demand holds.

Forbes India · 6/2/2026, 11:26:29 AM

West Asia conflict, an 11% YoY rupee slide to 96.96/USD and elevated ATF costs have lifted Europe airfares from Rs 60-70k to ~Rs 1 lakh and package prices 30-35%. MakeMyTrip air ticketing fell 2% QoQ to $58.73M with gross bookings off 6.2%. Travel remittances slid to $1.09B in March from $1.65B in January as travellers pivot to Japan, Vietnam and South Korea.

Forbes India · 6/2/2026, 11:16:19 AM

Yatra Online's promoters have reportedly approached MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund to offload a controlling stake, even as founder Dhruv Shringi denies the talks. The move signals deepening consolidation pressure in India's online travel market, where Yatra posted FY26 income of ₹1,032 cr and net profit of ₹47 cr.

ET Retail · 6/1/2026, 5:23:05 AM

Strategists say controversy's hit on Ranveer Singh's endorsement portfolio—Adidas, Head & Shoulders, Thums Up, MakeMyTrip, Sugar Cosmetics—will be negligible. Per-deal economics remain at Rs 3.5-5 crore per endorsement, Rs 2-4 crore shoot day fees, Rs 80 lakh per sponsored post, backed by recent box-office momentum.

ET BrandEquity · 6/1/2026, 4:04:46 AM

Founders Shringi, Amin and Chopra have approached MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund for a controlling stake sale, with non-binding term sheets expected next week. Yatra posted ₹199.3 cr Q4 income and ₹8.2 cr net profit; founders publicly deny the talks.

ET Small Business · 5/31/2026, 7:45:02 PM

Bank of Baroda's card arm rolled out a multi-partner summer campaign offering up to ₹8,000 off flights, 15% off on MakeMyTrip, 12% on Paytm Travel and 20% on Flipkart Travel via No Cost EMI, valid through June 30.

Mint · Money · 5/30/2026, 12:18:47 PM

Supreme Court upheld Delhi High Court ruling that use of trademarks as Google Ads keywords by rivals like Booking.com does not, by itself, constitute trademark infringement, dealing a setback to MakeMyTrip's bid to restrain such bidding.

Moneycontrol · Results · 5/29/2026, 9:23:56 PM

India's apex court dismissed MakeMyTrip's appeal challenging Google's use of its trademarks as keywords serving Booking.com ads, ruling users would not confuse the brands. The underlying IP infringement trial continues, leaving the keyword-bidding playbook intact for rival OTAs.

Moneycontrol · Results · 5/29/2026, 9:23:29 PM

Veteran actor Rakesh Bedi says advertiser interest has surged post-Dhurandhar, with current campaigns for MakeMyTrip and Neeman's. He publicly refused a pan masala brand, underscoring rising demand for nostalgia-driven, values-aligned celebrity faces in Indian brand campaigns.

ET BrandEquity · 5/26/2026, 4:34:20 AM

Q4FY25 air ticketing softened across India's online travel agents: MakeMyTrip air revenue fell to $58.73M (-2% QoQ, -5% YoY), ixigo dropped 6.5% QoQ to ₹95.7cr, Yatra slipped 1% QoQ. Delhi-London fares jumped to ₹1.15 lakh from ₹72,000, redirecting travellers to Southeast Asia — Cleartrip's Philippines bookings tripled.

Mint · Industry · 5/24/2026, 7:53:44 AM

Consumer Affairs Minister Pralhad Joshi has directed the CCPA to investigate online ticket booking platforms including MakeMyTrip, Goibibo and Agoda for charging cancellation fees well beyond actual airline charges, citing cases where users paid Rs 4,764 against Rs 1,571 levied by carriers. Action is warned under the Consumer Protection Act for unfair trade practices.

NDTV Profit · 5/23/2026, 10:41:28 AM

Gurugram-based Ixigo posted Rs 308 Cr revenue in Q4 FY26, up 8.5% YoY, with profit jumping 92% to Rs 32 Cr. Train ticketing led at Rs 124 Cr (40% share), followed by flights (Rs 96 Cr) and bus (Rs 80 Cr). FY26 GTV grew 25% to Rs 18,692 Cr; operating cash flow rose 60% to Rs 195 Cr.

Entrackr · Newsletter · 5/21/2026, 12:44:58 PM

MakeMyTrip posted $188.8M adjusted operating profit in FY26, up from $167.3M, on gross bookings of $10.39B (+10.4%). Bus ticketing led category growth at 29%+, hotels and packages rose 15%, and air ticketing grew 13%+. AI assistant Myra is now resolving 55% of post-booking queries, helping unlock Tier-2 demand.

Outlook Business · 5/20/2026, 7:52:46 AM

FY26 gross bookings rose 10.4% CC to $10.4B with revenue crossing $1B (+10.7%). Bus led category growth at 29.3%, hotels/packages up 15.7%, air 13.4%. Adj operating profit hit $189M; operating cash flow jumped 30% to $156M. AI assistant Myra now handles 54,000 daily chats, resolving 55% of post-booking queries with 45% tier-2+ usage.

ET Retail · 5/20/2026, 4:00:08 AM

Adjusted net profit fell to $33.8M in Q4 FY26 as overseas travel demand weakened and tax expense more than tripled to $6M. Revenue inched up 1.9% to $250.1M (6.7% constant currency). Annual gross bookings crossed $10B as the OTA pivots toward domestic and short-haul trips.

The Hindu BusinessLine · 5/19/2026, 3:24:16 PM

MakeMyTrip's FY26 adjusted operating profit climbed 13% YoY to $188.8M, with gross bookings up 10.4% to $10.39B. Bus ticketing led growth at 29%, hotels/packages rose 15%, air 13%. AI assistant Myra now resolves 55%+ post-booking queries, unlocking Tier-2 demand.

NDTV Profit · 5/19/2026, 2:16:34 PM

India's largest OTA reported 10.4% CC growth in FY26 gross bookings to $10.4B and $1B revenue, with bus leading at +29.3%, hotels/packages +15.7% and air +13.4%. Adj operating profit hit $189M. AI assistant Myra now handles 54,000 daily chats, auto-resolving 55% of queries with 45% pull from tier-2+ cities.

ET Small Business · 5/19/2026, 12:57:25 PM

Q4 FY26 revenue rose 1.9% YoY to $250.1M while profit fell to $24.3M, squeezed by finance costs jumping to $16.6M from $7.5M. Bus ticketing grew 7.3%; air (-4.7%) and hotels (-1.2%) softened. FY26 revenue crossed $1.04B (+6.7%) but profit dropped 45.8% to $51.7M.

Entrackr · Newsletter · 5/19/2026, 12:25:55 PM

MakeMyTrip's Q4 FY26 net profit fell 16.8% YoY to $24.3 Mn even as revenue inched up 1.9% to $250.1 Mn. Air ticketing dropped 4.7% to $58.7 Mn and hotels/packages slid 1.2% to $121.8 Mn, with growth carried by bus ticketing (+7.3%) and other revenue (+24.5%).

Inc42 · 5/19/2026, 10:50:16 AM

Ixigo launched ixigoNext, a ground-up rebuild fronted by voice assistant Tara that plans and books flights and hotels in Hindi, English and Hinglish. New stack adds Trip Mode, WhatsApp boarding passes and agentic alerts. Rival MakeMyTrip refreshed its Myra assistant the same day, signalling an AI-agent race in Indian OTAs.

The Hindu BusinessLine · 5/13/2026, 3:56:24 PM

Ixigo launched ixigoNext, an AI-native app with multilingual voice assistant Tara handling trip planning and bookings for flights and hotels, plus Trip Mode and agentic features. Trains and buses follow. Rival MakeMyTrip has upgraded its own assistant Myra, signalling an agentic-commerce arms race in Indian travel retail.

The Hindu BusinessLine · 5/13/2026, 3:11:47 PM