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MakeMyTrip has entered into a Business Transfer Agreement to acquire the expense management platform Happay from fintech company CRED. This acquisition is aimed at enhancing MakeMyTrip's corporate travel services and is expected to be finalized within the next 90 days. The transaction amount remains undisclosed. The integration will include the Happay brand, its expense management business, and its dedicated team, further solidifying MakeMyTrip's position in the corporate travel booking sector.
#MakeMyTrip to acquire #Happay Expense Management Platform from #CRED https://t.co/xiF1hOzgOt
MakeMyTrip announces acquisition of Happay in a bid to strengthen corporate travel solutions. The undisclosed transaction is set to be finalized within the next 90 days. #MakeMyTrip #Happay #acquisition #corporatetravel $MMYT $FMQQ $INQQ
🚨🚨Online travel booking portal @makemytrip is set to acquire expense management platform #Happay from fintech unicorn #Cred. 📌This #acquisition will give a stronger foothold to the Gurugram-based company in the #corporate travel booking space.
