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Make My Trip Deep Kalra
Make My Trip Deep Kalra
Make My Trip Deep Kalra
TRIPPING ALONG
• Deep Kalra (PGP 1992), makemytrip.com
• Deep went into business the way every
entrepreneur dreams it will happen: a venture
capitalist offered him $ 2 million to start up.
But with the dotcom bust he had to invest his
life savings and buy back his own company.
Makemytrip.com is today India's leading travel
portal.
• BA from St Stephen's college, and then an MBA
from IIM Ahmedabad.
• “Agar kuch banana hai toh khud hi banana padega
” - Deep Kalra (Founder of Makemytrip.com).
• Out of campus Deep joined ABN Amro . After a
year or so he realised ‘Banking nahin karnee
!’There was the seed of a thought - it would be
fun to do something of your own .
• After 3 years of banking and exploring different
businesses he joined AMF Bowling .
• He joined AMF Bowling, which pioneered the
concept of bowling alleys in India.
• AMF had no operations in India, so the job was in
essence entrepreneurial.
• Deep spent four years with AMF, and “Really, really
tried very hard to make it happen.
• Although Deep worked for AMF as an employee, it was
entrepreneurial for two reasons.
• First:- The fixed salary component was low, it was
based around bonuses and how much equipment you
sold.
• Second : There was very loose support from the US
office. Apart from equipment support and service
support, you pretty much did your own thing.
• The disadvantage of working with AMF was that there
was nothing much to learn beyond a point. Hence Deep
thought of going back to working for a big company
and joined GE Countrywide.
• In GE he was inspired by President Nitin Gupta who
wanted to provide his company a quantum leap and
wanted to make use of internet as a way to sell
consumer finance. Deep was entrusted this work.
• Around the same time Deep came across people like
Ajit Balakrishnan at rediff.com, Sanjeev Bikhchandani
at naukri.com and the folks behind sify.com. That's
when the turning point happened.
• These meetings provided the fundamental thought of
Internet will change the life of the people in future.