Mr. Rajesh Magow is the Co-Founder and CEO-India of MakeMyTrip.com. A member of the founding team, Mr. Rajesh has served in many senior capacities with the Company. He held the role of CFO and COO before taking on CEO role.
As CFO, he was the chief financial spokesperson for the Company and responsible for the overall financial health, acquisitions, investor relations, securing of new funding and regulatory compliance. As Chief Operating Officer, providing strategic and operational leadership to support all business functions within the Company along with opportunities for cross-leverage and critical company investments.
Mr. Rajesh has been instrumental in the successful transition of MakeMyTrip into a public listed company after its listing on the NASDAQ in the US in August 2010. Its IPO was executed in record time and ranked as one of the best performing IPOs in the US in 13 years, with shares soaring over 80 per cent after listing, catapulting its valuation to over $800 million on day one. Within 9 months of IPO, in June 2011 Mr. Rajesh also managed a successful Follow on Offerings of $125M comprising of secondary and primary. Post the IPO and follow on, Mr. Rajesh spearheaded the M&A function under his active leadership.
Mr. Rajesh has over two decades of corporate financial and operating experience in the information technology and internet industries. Prior to joining MakeMyTrip, he was 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, Quantum in senior management positions.
Mr. Rajesh is a recipient of several awards including the Bloomberg Award for the Best CFO in India. He also served as an Independent Director at FlipKart.com, India’s equivalent of Amazon.com and a leading e-tailing company. Within MakeMyTrip, he also mentors the senior management team and high-potentials.
Mr. Rajesh is a Chartered Accountant from the Institute of Chartered Accountants of India, New Delhi. His interests include playing cricket and badminton, and his best stress-buster – time with family.