MakeMyTrip acquires majority stake in Quick Ride to enter ride pooling

Business Standard · Hemlata Samant ·

The acquisition will help MakeMyTrip expand into shared mobility, covering daily urban commutes and intercity travel, while complementing its existing ground transport portfolio.

The acquisition will help MakeMyTrip expand into shared mobility, covering daily urban commutes and intercity travel, while complementing its existing ground transport portfolio.

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Travel technology platform MakeMyTrip on Friday said it had acquired a majority stake in shared mobility technology platform Quick Ride for an undisclosed amount. The acquisition will help MakeMyTrip establish a presence in the shared mobility and ride-pooling segment.

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