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Deep Kalra, founder of MakeMyTrip, has been a pivotal figure in India's internet economy, skillfully guiding the company through the dotcom era to the current age of AI, adapting to technological advancements along the way
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MakeMyTrip's success is attributed to Kalra's instinct to recognize and act upon emerging trends early, which has kept the company at the forefront of innovation, including a strategic shift from web to mobile apps during the app revolution
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Recently, MakeMyTrip has embraced AI, launching "Myra," a conversational AI assistant, which enhances customer interaction by managing over 25,000 conversations daily and improving conversion rates
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AI at MakeMyTrip extends beyond customer service, playing a crucial role in HR processes and product development, thereby boosting productivity and efficiency across various operations
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Kalra emphasizes that AI is integral to the company's operations, serving as a core business enabler rather than just a trendy term, significantly enhancing user experience and operational agility
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Having survived multiple crises, including the dotcom bust and the COVID-19 pandemic, Kalra has developed a crisis playbook that focuses on conviction, team belief, retention, and maintaining composure during challenging times
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The dotcom bust was a significant challenge for MakeMyTrip, with financial constraints threatening its existence, but conviction in their vision and team support helped them persevere
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During the pandemic, the challenge shifted to retaining talent and staying calm despite the travel industry's downturn, underscoring the importance of leadership and team morale
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As MakeMyTrip marks its 25th anniversary, Kalra's leadership is defined by curiosity, adaptability, and customer focus, consistently betting on new technologies like mobile and AI before they become mainstream
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Deep Kalra's journey with MakeMyTrip exemplifies resilience and the ability to pivot, serving as a testament to the enduring qualities of successful entrepreneurship in a rapidly evolving market
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