MakeMyTrip buys majority stake in Quick Ride
In short
MakeMyTrip has bought a majority stake in Quick Ride. The move lets it enter ride-pooling and add more ground transport and daily commute services.
What the reporting says
MakeMyTrip acquired a majority stake in Quick Ride to enter the ride-pooling segment and widen its ground transportation and daily commute offerings. The deal marks an expansion beyond the company’s travel-booking core into shared mobility.
Why it matters
MakeMyTrip acquired a majority stake in Quick Ride and is moving into ride-pooling. The deal is relevant for MakeMyTrip because it expands the company’s ground transportation and daily commute services. No transaction size, valuation or completion details were included in the source material.