MakeMyTrip acquires Quest2Travel, to bolster its position in the corporate travel space
30 April 2019 8:31 AM GMT
This acquisition will help MakeMyTrip extend services to large corporates for their travel requirements.
- Also read: Chinese travel services provider Ctrip to acquire Naspers' entire stake in MakeMyTripOn the acquisition, Deep Kalra, Founder and Group CEO, MakeMyTrip Limited said, "This investment will help us extend our service offerings to large corporates for their travel requirements while helping Quest2Travel benefit from the travel expertise and depth of supplier relationships that MakeMyTrip has forged over the years.
- Q2T has been enhancing its platform to meet the requirements of corporate clients for the past several years, and its clientele includes Tata Motors, Aditya Birla Group, Times Group, HDFC ERGO, and Thermax, among others.
- Amongst other benefits, it will help us offer superior service offerings with wider inventory and better pricing for air, hotel bookings, and other employee travel services."Just last week, MakeMyTrip Limited said that its investor Naspers Limited and Chinese travel services provider Ctrip have entered into a share exchange agreement.
- Apart from operating its own platform, MakeMyTrip also operates brands including Goibibo and redBus.
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