'We’re not going global', asserts Rajesh Magow and here’s why:
Firstly, Rajesh Magow, CEO and co-founder of MakeMyTrip, would like to clarify that his company is not going global, as was reported in various media outlets yesterday.
Instead, it’s doubling down, even tripling down on its core market of India to build a comprehensive one-stop travel shop, selling everything from flights to hotels, to homestays, and cruises and tours and activities.
Rajesh Magow: “We will continue to do whatever it takes to milk this market.”
Rajesh told WiT, “There is no reason for us to go global at this time when there’s so much going on in India. The only geography we’ve ventured into is the GCC, where there is heavy India diaspora traffic.”
The misunderstanding arose from a press release issued April 8 when it announced it had achieved a significant milestone – by becoming General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) compliant – which means its services are now accessible to its customers, primarily the Indian diaspora, in over 150 countries.
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