MakeMyTrip , CEO & Co-founder
Rajesh Magow is the Co-Founder and CEO-India at MakeMyTrip-Ibibo Group merged entity. He has served in many senior capacities as CFO and COO before taking on the role of CEO India 2012. He is responsible for the company’s business strategy, eco system management and operational leadership of the company.
Rajesh has played a leading role in consolidating the company’s market leadership position in India’s Online Travel Industry. MakeMyTrip, under his stewardship, has not only attained market leadership position in the considerably mature space of air travel but has also strengthened its dominant position in the lowly penetrated Indian Online Hotels space. He has been instrumental in driving the company’s Hotels and Packages businesses on a growth trajectory. He has also been one of the key contributors in multiple strategic fundraising activities, including securing investments from China’s largest online travel agency Ctrip and South Africa’s Naspers along with other public investors. He was instrumental in successfully effecting the company’s recent merger with the Ibibo Group as well as the recent capital raise round of $330M completed in May, 2017.
Rajesh has the distinction of strategizing and leading the successful transition of MakeMyTrip into a NASDAQ listed public company in August 2010 – an IPO that was executed in record time and was ranked as one of the best performing IPOs in the US in 13 years. Within MakeMyTrip, he also acts as a mentor to the senior management team and other high-potential team member.
Mr. Magow is a recipient of many awards, including the Bloomberg Award for the Best CFO in India. Rajesh has also served as an Independent Director at Flipkart.
With over two decades of corporate experience in the information technology and internet industries, Rajesh served as the CFO and acting CEO for the India operations of eBookers.com, now part of Travelport. He started his career with Voltas and has also worked with Aptech Limited and Quantum in senior management positions.