MakeMyTrip, a leading online travel company, has announced significant changes to its leadership team, aiming to strengthen its operational and financial strategies as the company continues to scale.

Mohit Kabra Elevated to Group COO

Mohit Kabra, who previously served as the Group Chief Financial Officer (CFO), has been promoted to the role of Group Chief Operating Officer (COO). In his new position, Kabra will oversee operations across all business units of MakeMyTrip and will be responsible for driving operational strategies.

Dipak Bohra Appointed as New Group CFO

Filling the vacancy left by Kabra's promotion, MakeMyTrip has appointed Dipak Bohra as the new Group CFO. Bohra brings a wealth of experience to the role, with 30 years of financial expertise. Notably, he spent 23 years at Wipro, a global information technology company, further solidifying his credentials in the tech industry.

In his new role, Bohra will lead several key functions within MakeMyTrip, including:

• Finance
• Legal
• Compliance
• Investor Relations

Strategic Move for Growth

These leadership changes come as MakeMyTrip continues to expand its operations and solidify its position in the online travel market. The company operates several popular brands in the travel sector, including:

• MakeMyTrip
• Goibibo
• redBus

These platforms collectively serve over 83 million lifetime users, offering a wide range of travel booking services.

Looking Ahead

The reshuffling of the leadership team appears to be a strategic move by MakeMyTrip to enhance its operational efficiency and financial management. By promoting an internal candidate to COO and bringing in fresh perspective with a new CFO, the company aims to tackle the challenges and opportunities in the evolving travel industry.

As the travel sector continues to recover and grow, MakeMyTrip's leadership changes may play a crucial role in shaping the company's future strategies and market position.

MakeMyTrip, India's leading online travel company, has announced a strategic partnership with Vietnam's Sun Hospitality & Entertainment Group, aiming to broaden its travel offerings and capitalize on the growing Indian tourism market in Vietnam.

Partnership Details

The alliance will enable MakeMyTrip to offer Sun Group's extensive portfolio of resorts, hotels, and tourist attractions through customized itineraries on its platform. Sun Group, a major player in Vietnam's hospitality sector, operates an impressive array of facilities including:

• 8 theme parks and destinations across Vietnam
• 15 resorts

This collaboration is set to provide Indian travelers with enhanced holiday experiences while simultaneously strengthening Vietnam's position as a premium destination choice for Indian tourists.

Surging Indian Tourism to Vietnam

The partnership comes at a time of significant growth in Indian tourism to Vietnam:

These figures underscore the rapidly expanding interest of Indian travelers in Vietnam as a holiday destination, with visitor numbers more than tripling between 2019 and 2023.

Strategic Implications

For MakeMyTrip

This alliance represents a strategic move to:

1. Expand its portfolio of high-quality travel options
2. Tap into the growing demand for Vietnamese travel experiences among Indian tourists
3. Offer more diverse and tailored itineraries to its customer base

For Sun Group

The partnership provides an opportunity to:

1. Increase visibility and bookings from the Indian market
2. Leverage MakeMyTrip's strong presence in India to promote its properties and attractions

As both companies look to capitalize on the burgeoning travel market between India and Vietnam, this collaboration is poised to create mutual benefits and enhance the travel experiences for Indian tourists exploring Vietnam's diverse attractions.