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MakeMyTrip acquires majority stake in corporate travel firm Quest2Travel

May 2, 2019

Online travel firm makemytrip Tuesday said it has acquired a majority stake in Mumbai-based corporate travel management firm Quest2Travel.com for an undisclosed amount.

Quest2Travel.com serves some of India’s well-known and large corporates, including Tata Motors, Aditya Birla Group, Times Group, HDFC Ergo and Thermax, MakeMyTrip said in a statement.

Commenting on the development, MakeMyTrip Founder and Group CEO Deep Kalra 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”.

MakeMyTrip has historically focused on providing travel solutions for retail customers and with this investment, it is making a decisive foray into providing travel solutions for corporate customers as well, Kalra added.

“This partnership is a perfect fit because it combines the best in corporate travel with the leader in non-corporate travel,” Quest2Travel Founder and CEO Abhay Rangnekar said.

MakeMyTrip provides its customers access to all major domestic airlines operating in India and all major airlines operating to and from India, over 61,500 domestic accommodation properties in India and more than 500,000 properties outside India, Indian Railways and all major Indian bus operators.

Tags: HolidayholidayshospitalityHotelshotels in Indiaindiamake my tripNewstravel trade
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Priyanka Saxena Ray

Priyanka Saxena Ray

Priyanka Saxena Ray has over 15 years of experience in Travel Trade Writing and Reporting. An IIMC Graduate, she has launched more than 10 magazines of varied nature over the last decade. The publications have been both B2B and B2C in nature covering a wide spectrum of topics related to Travel, Tourism, Hospitality, F&B, CSR, Start-ups and more. Widely travelled, Priyanka has a deep understanding of the travel sector and specialises in generating original content, which is mostly interview based.

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