Document:

EX-4.22

 Exhibit 4.22 

Confidential Treatment Requested 
 The portions of this
document marked by “XXXX” have been omitted pursuant to a request for confidential treatment and have been filed separately with the Securities and Exchange Commission. 

 

							
	 

		 INDIA NON JUDICIAL
  

Government of National Capital Territory of Delhi

 
 e-Stamp

 
		

  

					
	Certificate No.		:		IN-DL69409279125663M
			
	Certificate Issued Date		:		21-Jun-2014 11:00 AM
			
	Account Reference		:		IMPACC (IV)/ dl862203/ DELHI/ DL-DLH
			
	Unique Doc. Reference		:		SUBIN-DLDL86220335696743294188M
			
	Purchased by		:		IBM DAKSH BUSINESS PROCESS SERVICES PVT LTD
			
	Description of Document		:		Article 5 General Agreement
			
	Property Description		:		Not Applicable
			
	Consideration Price (Rs.)		:		0
			
					(Zero)
			
	First Party		:		IBM DAKSH BUSINESS PROCESS SERVICES PVT LTD
			
	Second Party		:		Not Applicable
			
	Stamp Duty Paid By		:		IBM DAKSH BUSINESS PROCESS SERVICES PVT LTD
			
	Stamp Duty Amount(Rs.)		:		100
			
					(One Hundred only)

 14th Amendment to the 

Business Process Outsourcing Services Agreement 

And 
 Statement of Work

 By and between 

MAKEMYTRIP (INDIA) PRIVATE LIMITED 

And 
 IBM DAKSH BUSINESS
PROCESS SERVICES PVT. LTD. 
 DATED MARCH 05, 2008 
  

  

			
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The portions of this document marked by “XXXX” have been omitted pursuant to a request for confidential treatment and have been filed separately with
the Securities and Exchange Commission. 
  

 This Amendment Agreement (“Amendment No. 14”) dated 26th June,
2014 to Business Process Outsourcing Services Agreement dated March 05, 2008, First Amendment dated July 16, 2008, Second Amendment dated July 28, 2009, Third Amendment dated November 4, 2009, Fourth Amendment dated
December 09, 2010, Fifth Amendment dated December 10, 2010, Sixth Amendment dated December 18, 2010, Seventh Amendment dated April 7, 2011, Eighth Amendment dated October 27, 2011 9th Amendment dated December 29, 2011,
10th Amendment dated July 4, 2012, 11th Amendment dated November 1, 2012, 12th Amendment dated July 1, 2013 and 13th Amendment dated September 25, 2013 thereto and Statement of
Work dated March 05, 2008 and Statement of Work for OBT and DH dated January 1, 2012 (collectively referred to as “Agreement”) is made at New Delhi: 

By and between: 
 MakeMyTrip
(India) Private Limited, a Company registered under the Companies Act, 1956 and having its head office at 243, S P Infocity, Udyog Vihar, Phase I, Gurgaon, 122016 (hereinafter referred to as “MMTL/Customer” which
expression shall, unless repugnant to or inconsistent with the context, mean and include its successors and permitted assigns), of the ONE PART; 

AND 
 IBM Daksh Business
Process Services Private Limited, a company registered under the Companies Act, 1956 and having its registered office at Birla Tower, 1st Floor, 25, Barakhamba Road, Connaught Place, New Delhi - 110001 (hereinafter referred to as
“Daksh”/ “Supplier” which expression shall, unless repugnant to or inconsistent with the context, mean and include its successors and permitted assigns), of the OTHER PART 

WHEREAS MMTL and IBM Daksh have executed a Master Service Agreement dated March 05, 2008 (hereinafter referred to as “the
Agreement”) including Statement Of Work (‘SOW”) which sets forth the services, functions and responsibilities that IBM Daksh has agreed to perform for MMTL and the associated responsibilities of the Parties and both Parties agree to
amend the Agreement as mentioned below. 
 TERMS AND CONDITIONS GOVERNING THIS AMENDMENT NO. 14 

 

	 	1.	The Parties hereto agree and confirm that the Business Processing Outsourcing Services Agreement dated 5th March 2008 and amendments thereof shall enure to the
benefit of their respective Affiliates. 

  

	 	2.	The Parties hereby agree to add the following additional under Section 2.1 of the SOW “Contact Centre Services for “Easy to Book Services B.V. (ETB) lines of business” wherein the following
services would be undertaken:- 

  

	 	•	 	Customer Service: - Inbound customer calls are originating in EU & APAC countries. Some outbound calls may be required to be made by this team for assisting the customers for performance of services.

 The Headcount for various language services is mentioned below:- 

 

																																	
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 MMTL commits to pay for minimum 15 headcount per month as a minimum commit. 

 

	 	•	 	All training material is to be provided by MMT in English & those will be in their most updated form & in English 

  

	 	•	 	Knowledge Transfer and Train the trainer(T3) related travel and stay cost for 1 to 2 resources would be on pass through to MMTL. 

  

	 	•	 	This plan is basis the consideration that the contract will be signed off by June 30th, 2014; any shifts in this date would have a direct bearing on the plan and
the dates would have to be revised. 

  

	 	•	 	First Batch training of 14 agents to start on or before 30th July 2014 (all efforts in place to get wave 1 inside training room by 18th July 2014) to go live in August 2014 

  

	 	•	 	Hiring Capacity and timelines for any future requirements post wave 1 (weeks) : 

  

					
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	 	•	 	For Each language, One of the Sr. Agents would be part utilized for QA/SME activities. 

  

	 	•	 	Product and Process Training is billable to MMTL. i.e. the Agents would be billable from day 1 of onboarding (attrition backfill will not be billed to MMTL). 

 

	 	•	 	Agents would work 5 days a week. Process would be working 7 days with skeletal staffing on weekends and off hours. 

  

	 	•	 	MMTL personal will provide training to Daksh resources. 

  

											
	 Date of Training Commence
	  	18-July-14	 
	 WAVE
	  	 LANGUAGE
	  	HC
Required	 	  	Class
1	 
	 WAVE 1:
	  	French	  	 	3	  	  	 	3	  
	 Total 15
	  	German	  	 	3	  	  	 	3	  
		  	Spanish	  	 	3	  	  	 	2	  
		  	Italian	  	 	3	  	  	 	1	  
		  	English	  	 	3	  	  	 	3	  
		  		  	  
	  
	 	  	  
	  
	 
					 	15	  		 	12	  
		  		  	  
	  
	 	  	  
	  
	 

  

			
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	 Date of Training Commence
	 	  	29-Dec-14	 	  	2-Feb-15	 
	 WAVE
	  	 LANGUAGE
	  	HC Required	 	  	Class 1	 	  	Class 2	 
	 WAVE 2:
	  	Japanese	  	 	3	  	  	 	1	  	  	 	2	  
	 Total 20
	  	Russian	  	 	3	  	  	 	1	  	  	 	2	 
		  	French	  	 	3	  	  	 	3	  	  			
		  	German	  	 	3	  	  	 	3	  	  			
		  	Chinese	  	 	3	  	  	 	1	  	  	 	2	 
		  	English	  	 	5	  	  	 	5	  	  			
		  		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
					 	20	  		 	14	  		 	6	 
		  		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

  

	 	•	 	The operational SLAs and KPIs for the above activities and services would be base-lined within 6 months of go-live. 

  

	 	3.	Key IT Assumptions in order to implement the above services: 

  

	 	•	 	All existing IT assumptions of MMT International will be applicable to this LOB. 

  

	 	•	 	20kb per user Internet Bandwidth would be required for Internet based applications and websites of MMTL for these operations. 

  

	 	•	 	Daksh will provide the Avaya and Nice as provided in MMTL International operations currently. 

  

	 	•	 	International PRI costs are not included as part of the prices quoted by Daksh. If required, VC IPLC (Managed Voice) solution or PRIs will be added and cost will direct pass through to MMTL as it is done for MMT
currently. All Toll or toll free numbers will be owned and managed by MMTL. 

  

	 	•	 	MMTL will augment existing MMTL provided MPLS for connecting to their applications. 

  

	 	•	 	It is assumed that there is no PI / SPI / PCI related compliance required for these set of operations. 

  

	 	•	 	MMTL acknowledges it is solely responsible for determining that the security measures specified in this proposal constitute appropriate technical and organizational measures to protect MMTL provided Personal Data as
required by the applicable data protection laws. Daksh is not required to perform or adhere to any security measures concerning MMTL provided Personal Data other than those specified in this proposal. 

 

	 	•	 	The EU MCA between Daksh and MMTL is designated in Annexure 1 signed along with Amendment 14. 

  

			
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The portions of this document marked by “XXXX” have been omitted pursuant to a request for confidential treatment and have been filed separately with
the Securities and Exchange Commission. 
  

	 	4.	Service Charges and Payment terms The Parties hereby agree to add to the existing Section 10.2 of the SoW as under: 

Daksh shall bill MMTL for the above services as per the rate table below: 

 

			
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 The payment shall be made on a monthly basis subject to applicable tax deduction at source and is inclusive of
taxes. Daksh agrees that it shall raise separate invoice for billing for ETB services 
 Any Material developed under this Amendment No 14
will be considered as Type I material in accordance with the Business Process Outsourcing Services Agreement dated March 05, 2008. 
  

	 	5.	This Amendment no 14 shall be effective from July 01 , 2014 (“Amendment No. 14 Effective Date”) and shall be co-existent and co-terminus with the Agreement. 

 

	 	6.	Except for the amendments provided hereunder, all other terms and conditions of the Agreement/ SoW, which have not been specifically changed / amended / modified hereunder, shall remain unchanged and continue to be
binding between the Parties and the same shall be deemed to be a part of this Amendment No. 14 by reference. 

  

	 	7.	This Amendment No. 14 read together with the Agreement/ SoW reflects the complete understanding between the Parties. This Amendment No. 14 is incorporated into and deemed to be part of the Agreement/ SoW.

 ACCEPTED AND AGREED BY THE FOLLOWING AUTHORISED REPRESENTATIVES OF THE PARTIES: 

 

									
	For MakeMyTrip (India) Private Limited	 		 	For IBM Daksh Business Process Services Private Limited
					
	 By:
	 	/s/ JASMEET SINGH	 		 	 By:
	 	/s/ SUNIL K. GUPTA
					
	Name:	 	JASMEET SINGH	 		 	Name:	 	SUNIL K. GUPTA
					
	Title:	 	HEAD – CUSTOMER CONTACT GROUP	 		 	Title:	 	CFO
					
	Date:	 	26 June 2014	 		 	Date:	 	26 June 2014
					
	Seal:	 		 		 	Seal:	 	

  

			
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 Exhibit 4.23 

AMENDMENT No 15 TO THE SERVICE AGREEMENT 

This Amendment No 15 to the Service Agreement dated March 05, 2008, is entered into on this 14th day
of October 2014 between MakeMyTrip (India) Private Limited having head office at 243, S P Infocity, Udyog Vihar, Phase I, Gurgaon, 122016 (“Client”) and Concentrix Daksh Services India Private Limited., (Formerly known
as IBM Daksh Business Process Services Pvt. Ltd) having its registered office at 1st Floor, Birla Tower, 25, Barakhamba Road, Connaught Place, New Delhi - 110001 (“Concentrix Daksh”) to amend the Service Agreement dated March 05 2008.
Therefore for good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge, the Agreement is amended as follows: 

RECITALS 
 WHEREAS, Client and Concentrix
Daksh have entered into the Services Agreement (the “Agreement”), pursuant to which Concentrix is providing outsourced services to Client. 
 AND
WHEREAS Concentrix Daksh Services India Private Limited was previously known as “IBM Daksh Business Process Services Pvt. Ltd” and was renamed as Concentrix Daksh Services India Private Limited., with effect from July 28, 2014, as
approved and acknowledged by the Registrar of Companies, New Delhi, Ministry of Corporate Affairs, Government of India by and under a fresh certificate of Incorporation issued subsequent to the name change dated 28th July 2014. 
 AND WHEREAS now the Parties wish to execute this Amendment to record such change in
name and style of Concentrix Daksh. 
  

	I.	General 

  

	 	A.	“Effective Date” shall mean July 28, 2014. 

  

	 	B.	Except as modified herein, the Agreement shall be unaffected and shall remain in full force and effect. 

  

	 	C.	In the event of a conflict between a provision of this Amendment and a provision of the Agreement, the terms herein will prevail. 

  

	II.	Amendment to Agreement: 

 The name of the Company “IBM Daksh Business Process Services Private
Limited” shall be replaced with “Concentrix Daksh Services India Private Limited.”, wherever applicable. 

 The signatories below represent and warrant that they are authorized representatives of the Parties on whose
behalf they are affixing their respective signatures to this Amendment to bind the Parties to this Amendment. 
  

									
	 For Make My Trip (India) Private Limited
		For Concentrix Daksh Services India Private Limited		
			
	 

 
		

 		
			
	 Authorized Representative
		Authorized Representative		 

	Name:		 

		Name:		 

	
	Title:		  
		Title:		 CFO
	
					
	Date:		 14/10/14
		Date:		 14/10/14

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