MakeMyTrip Rejigs Top Deck

MakeMyTrip Appoints Ex-Wipro Exec Dipak Bohar As Group CFO, Elevates Ex-CFO Mohit Kabra To COO Role

SUMMARY

MakeMyTrip has elevated group CFO Mohit Kabra as the group COO, while Wipro’s Dipak Bohra will take over as the group CFO

Kabbra will be responsible for the day to day oversee day-to-day operations across all business units and help in delivering company-wide operation strategies

The company statement mentions that the leadership rejigs took place to further strengthen its position in the travel tech market and focus on scalable growth

Listed travel tech major MakeMyTrip (MMT) has announced major changes in its top management, appointing Dipak Bohra, formerly SVP and head of investor relations at Wipro, as its new group CFO, while Mohit Kabra, the company’s long-serving CFO, has been promoted to group COO.

In his new role as group COO, Kabra will be responsible for the day to day operations across all business units and help in delivering company-wide operation strategies. He will continue to report to group CEO Rajesh Magow, while the new CFO Bohra will be reporting to him, MMT said in a statement.

Important to note that Kabra has held the CFO role at MMT for about 14 years now. The chartered accountant joined the company in 2011 after a five year stint of helming finance department for Kohler India. He has worked with companies like PepsiCo, Pernod Ricard and Colgate over a career spanning nearly three decades.

Meanwhile, Bohra joins Wipro after an over 23 year stint with Wipro. During his over two decade stint with Wipro, he has helmed multiple roles including internal audit, M&A, greenfield investments and treasury controllership.

In his new role at MMT, he will provide strategic leadership to the company’s finance, legal and compliance, and investor relations functions.

On the financial front, MakeMyTrip posted a 23% increase in its profit in Q1 FY26 to $25.8 Mn from $21 Mn in the year-ago quarter. While the operating revenue grew 5.6% to $268.9 Mn in the quarter under review from $254.5 Mn in Q1FY25.

Besides, the company also recently raised $3.1 Bn via a mix of convertible notes and a primary offering of shares. With the fresh funds, MMT repurchased a portion of its Class B shares from China’s Trip Group.