MakeMyTrip deploys AI to make bookings easier

Forum Gandhi Mumbai | Updated on October 16, 2019 Published on October 16, 2019

In the race to ace the travel technology game, and become a super app, MakeMyTrip is using Artificial Intelligence (AI) to offer an experience to its customers like never before. With the use of its AI-powered chatbots, customers will get suggestions and alerts of rail/flight bookings, baggage details, and even suggestions for car bookings said Rajesh Magow, Co-founder, MakeMyTrip. It was also recently reported that customers could book tickets by using their voice and talking to the chatbot on MakeMyTrip and GoIbibo.

The travel company is also set to offer metro train tickets starting with Hyderabad followed by Mumbai. MakeMyTrip also has a tie-up with the Indian railway’s IRCTC to provide train tickets on its portals. According to Magow, the company aims to be a super app by 2020, the mission was started in 2000 along with the founder of MakeMyTrip, Deep Kalra.

Three years ago, MakeMyTrip had a merger with Goibibo. Both these platforms have Artificial Intelligence AI-powered chatbots named Myra and Gia respectively. The technology is being developed in-house. “It is powered by AI basically through that chat interface you will keep getting alerts on flight/rail details or the baggage details that you need. Also, if you need to book a car we will give you options as well,” he explained.

It was recently reported the with the usage of the chatbots, customers could, with their voice book tickets on MakeMyTrip.

When asked about the investments needed for these developments on their portal and the app, without specifying a number, Magow said, “These are all regular capital investments that we are doing here we have enough capital on our balance sheet about 275 million and we’re cruising along well. Most of these technologies are being developed in-house so outside of this we don’t have any massive capital investment plan.”

Speaking about the merger, Magow told BusinessLine, that the merger worked out really well for both companies. “It’s been three years now. So the biggest learning was the consumer overlap between MMT and Goibibo was less so the consumer overlap was around 25% which means there is room to keep pushing both the brands.”

By 2020, Magow wants to make MakeMyTrip a one-stop-shop for all the services that a traveller may need. “We will take care of all kinds of transport offerings, whether it is rail, bus, intracity cab, flight, or airport transport. We will also offer metro train tickets, starting in Hyderabad and then Mumbai metro. We also aim to have cruise holidays as an offering to our customers. We will look at hotels offering including a villa, apartments, home stays, and other alternative accommodations, ” Magow told BusinessLine.

Published on October 16, 2019

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!


Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.