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MakeMyTrip to acquire majority stake in Flamingo Transworld to expand holiday packages business
The acquisition also reflects MakeMyTrip’s broader strategy of strengthening its position across the travel ecosystem through targeted investments and acquisitions. In recent years, the company has acquired stakes in firms such as QuestToTravel in corporate travel bookings, Simplotel in hotel technology, BookMyForex in travel forex services, Savaari in intercity mobility and Happay in corporate spend management.
The acquisition also reflects MakeMyTrip’s broader strategy of strengthening its position across the travel ecosystem through targeted investments and acquisitions. In recent years, the company has acquired stakes in firms such as QuestToTravel in corporate travel bookings, Simplotel in hotel technology, BookMyForex in travel forex services, Savaari in intercity mobility and Happay in corporate spend management.
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