MakeMyTrip

Easy Trip Planners, one of India's top online travel aggregators, posted its slowest-ever quarterly revenue growth as bookings dropped during a seasonally strong holiday quarter, for which rival MakeMyTrip posted record-high bookings.Easy Trip's revenue rose 18% to Rs 161 crore ($19.4 million) for the third quarter ended Dec. 31. Its revenue has doubled in nearly every quarter since it went public in early 2021, before growth slowed to 42% and then to 31% in the previous two quarters.Elevate Your Tech Prowess with…

For Indians, cricket is not just a game but a deep-rooted passion that can be seen whenever the Men in Blue play or for that matter when IPL tournament takes place. Whenever given the opportunity, die-hard cricket fans travel to far-away states and even countries to watch their favourite cricketers and teams play. With ICC Men's Cricket World Cup 2023 being held in India this year, the excitement has elevated to a new level. Not just fans, even businesses look to take advantage in all possible ways. And now, MakeMyTrip…

MakeMyTrip is adopting ChatGPT-like AI to deliver voice-assisted vacation bookings Making travel planning simpler, MakeMyTrip is adopting ChatGPT-like AI. MakeMyTrip and Microsoft on Monday announced a partnership to deliver voice-assisted booking in Indian languages. The new in-platform tech stack, which is supported by Microsoft Azure OpenAI Service and Azure Cognitive Services, will interact with the user to provide personalized travel recommendations based on their preferences, curate vacation packages based on…

OpenAI's ChatGPT has sent companies across the world scrambling to jump on the artificial intelligence (AI) bandwagon in order not to be left behind by niftier rivals. Now, MakeMyTrip has announced that it, and Microsoft, will work together to bring the benefits of AI to the travel industry.MakeMyTrip, in a statement said, that to make travel planning more inclusive and accessible, it will introduce voice-assisted booking in Indian languages. This mission will be powered by Microsoft Azure OpenAI Service and Azure…

Travel portal MakeMyTrip on Monday said it has collaborated with Microsoft to use Generative AI to make travel planning accessible by introducing voice-assisted booking in Indian languages.The new, in-platform tech stack powered by Microsoft Azure OpenAI Service and Azure Cognitive Services, will converse with the user to offer personalised travel recommendations based on their preferences, curate holiday packages based on variable inputs like occasion, budget, activity preferences, time of travel, among others, and even…

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Image Source : VODAFONE IDEA REDX Vodafone Idea (Vi) is offering plans which are bundled with Amazon Prime subscription for the users. Earlier, it was reported that Airtel was the only telecom player who used to come bundled with the  Amazon Prime subscription with its prepaid plans, whereas, Jio and Vi were bundled with the same for its postpaid plans.  Currently,…

Competition Commission Chairperson Ashok Kumar Gupta on Tuesday said the regulator has been pragmatic in levying and quantifying penalties as the enforcement actions are not divorced from business and economic realities.Gupta, who will be demitting office on Tuesday after being at the helm of the watchdog for nearly four years, also said that the feasibility of an ex-ante framework should be considered for effectively regulating digital markets.The Competition Commission of India (CCI) has been taking steps to ensure fair…

The Competition Commission of India (CCI) on Wednesday slapped penalties totalling more than Rs. 392 crore on online travel firms MakeMyTrip, Goibibo and hospitality services provider Oyo for unfair business practices.A fine of Rs. 223.48 crore has been slapped on Make My Trip-Goibibo (MMT-Go) and Rs. 168.88 crore on Oyo, according to a 131-page order.Among others, it was alleged that MMT-Go imposed a price parity in their agreements with hotel partners. Under such pacts, the hotel partners are not allowed to sell their…

The parliamentary committee on finance recently met on the big tech companies on the issue of regulation.Jayant Sinha who heads to committee said that, "we are examining the issue to give our recommendation on how to regulate it."As the digital market has its own dynamics and its particular class of market which is emerging and growing the committee members want a level playing field for all.The committee has sought feedback from the domestic big tech companies in the next meeting. The committee is examining how to keep…