MakeMyTrip is India's largest online travel agency. Its brands process 63 percent of India's gross air and hotel bookings online, while its number-two competitor Cleartrip, and number-three competitor, Yatra, collectively have only 26 percent share, according to estimates for 2017, included in a May 2018 Morgan Stanley analysts note. MakeMyTrip said its Redbus brand has about 70 percent share of Indian bus ticketing online.