MakeMyTrip Limited announced that Mr. Oliver Minho Rippel, a nominee director of MIH Internet SEA Pte. Ltd, has notified the board of directors of MakeMyTrip of his intention to resign as a director of MakeMyTrip and a member of the compensation committee, effective January 24, 2019 and that the board of directors has accepted the same. Following the resignation of Mr. Rippel, MIH Internet has nominated Ms. Aileen O’Toole to the board of directors of MakeMyTrip and also as a member of the compensation committee, in accordance with the Terms of Issue of the Class B Shares. The board of directors has approved the appointment of Ms. Aileen O'Toole effective January 24, 2019. Ms. Aileen O’Toole is Chief People Officer for Naspers Limited and is responsible for the human capital strategy of Naspers. Ms. O’Toole joined Naspers in May 2014 and has two decades of experience in human resources leadership in fast growing consumer internet and technology companies. Before joining Naspers, Ms. O’Toole spent 10 years with eBay where she led human resources for eBay Europe and Global Classifieds and also helped to grow and scale businesses in the fintech, eTail and online comparison-shopping sectors.
MakeMyTrip Limited is an online travel provider. The Company's segments include Air Ticketing, Hotels and Packages and Bus Ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms. The Hotels and packages segment provides holiday packages and hotel reservations through Internet-based platforms, call centers, and franchise stores. The Bus ticketing segment provides the facility to book domestic and international bus tickets through Internet-based platforms. Through its primary websites, such as www.makemytrip.com, www.goibibo.com, and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. The Company's services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, activities and experiences, and ancillary travel requirements. It also provides an inter-city car rental service.