MakeMyTrip : reaffirms its Strategic Priorities to further strengthen its category leadership in the Indian market

About this update from Makemytrip Limited

MakeMyTrip reaffirms its Strategic Priorities to further strengthen its category leadership in the Indian market Gurugram, March 16, 2026: MakeMyTrip Limited (Nasdaq: MMYT) ("MakeMyTrip" or the "Company"), India's leading travel service provider, today provided an update on its strategic priorities. The Company continues to see robust travel demand in India, over the long term enabled by structural demand drivers including a growing middle class, rising propensity to spend on travel, increasing digital adoption and continued under-penetration of organized travel services. Over two decades of execution, in addition to being a leading company in the Indian travel market for air ticketing,1 it has also built a leading position across hotels, holiday packages, alternative accommodations and buses in a highly fragmented Indian market, supported by deep supplier relationships, proprietary technology and operating capabilities. The Company's scale and reach is reflected in 87 million+ lifetime transacted retail customers,2 and over 77,000 SME and large corporate customers,2 549 million+ app downloads,2 32.5 million+ hotel room nights sold under our hotels and package business and 104.6 million+ bus tickets sold,3 underscoring the breadth and resilience of its platform. MakeMyTrip is pleased to announce multiple initiatives to further strengthen the Company's leadership in the underpenetrated India travel and tourism market. Strategic Investments Since inception in 2000, MakeMyTrip has complemented its organic execution with a disciplined acquisition and investment strategy. Apart from the consolidation in the Indian market with its acquisition of Goibibo and redBus, the Company has made several other investments to expand its capabilities across travel segments with deeper supply integration, cross sell opportunities and greater end to end control across the connected trip journey. MakeMyTrip has completed the acquisition of majority stake in Flamingo Transworld, a regional group holiday packages business based in India. Flamingo has built a strong presence across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh, with curated group tours known for regional focus, customised experiences and service for domestic and international travellers. In addition, MakeMyTrip has completed a strategic minority investment in and entered into a partnership with Atlys, a visa...

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