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
3. Last minute travel planning app
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: