MakeMyTrip has acquired Mygola and the entire Mygola team will join MakeMyTrip to focus on building cutting-edge innovation in online travel.
This acquisition is done through MMT’s earlier announced Innovation Fund which is formed to invest in startup or early-stage companies in the travel technology space.
“Mygola team’s deep understanding of travelers’ planning and in-destination experience
preferences will be very valuable in strengthening our proposition in these and related areas of customer engagement.”[Rajesh Magow, Co-Founder & CEO MakeMyTrip India].
Founded in 2009 by Anshuman Bapna and Prateek Sharma, Mygola raised funding from Helion
Ventures, Blumberg Capital, 500Startups and numerous angels.
Mygola : Three Pivots And An Exit!
Mygola has been through three critical pivots before being acquired by MMT.
1. Get a personal planner to research your trips
2. Copy, customize and book trips taken by top travelers
3. Last minute travel planning app
The site, Mygola.com covers more than 20,000 destinations worldwide, sees half a million organic
visitors a month and has built proprietary technology to mine the travel web, filed patents on route optimization, and collected deep metadata for millions of travel items.
Watch the announcement: