M&A Deal Summary

MakeMyTrip Acquires International Tours Centre

On November 27, 2012, MakeMyTrip acquired internet software and services company International Tours Centre for 3M USD

Acquisition Highlights
  • This is MakeMyTrip’s 5th transaction in the Internet Software and Services sector.
  • This is MakeMyTrip’s largest (disclosed) transaction.
  • This is MakeMyTrip’s 2nd transaction in Thailand.

M&A Deal Summary

Date 2012-11-27
Target International Tours Centre
Sector Internet Software and Services
Buyer(s) MakeMyTrip
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

International Tours Centre

Nonthaburi, Thailand
website
International Tours Centre Co., Ltd (ITC) focuses on catering corporate travel activities.

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Buyer(S) 1

Buyer

MakeMyTrip

Gurugram, India

website


Category Company
Founded 2000
Sector Internet Software and Services
Employees3,338
Revenue 304M INR (2022)
DESCRIPTION

MakeMyTrip is an online travel company provides access to all major domestic full-service and low-cost airlines operating to and from India, all major airlines operating to and from India, over 20,000 hotels and guesthouses in India, more than 190,000 hotels outside India, Indian Railways and several major Indian bus operators. MakeMyTrip was founded in 2000 and is based in Gurugram, India.


DEAL STATS #
Overall 5 of 9
Sector (Internet Software and Services) 5 of 9
Type (Add-on Acquisition) 4 of 7
Country (Thailand) 2 of 2
Year (2012) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-06 Hotel Travel

Phuket, Thailand

Hotel Travel Ltd. is a provider of online travel information and hotel reservation service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-01 Easytobook.com

Amsterdam, Netherlands

Easytobook.com is an online hotel operator.

Buy -