Business · Companies · 15 hrs ago
MakeMyTrip buys majority stake in Quick Ride
MakeMyTrip has bought a majority stake in Quick Ride as it expands into shared mobility.
The deal gives MakeMyTrip control of more than half of the company.
The move marks MakeMyTrip's entry into shared mobility and is intended to expand its mobility business.
Quick Ride's EV taxi business is not included in the deal.
That business remains with iDisha Info Labs.
No further steps or timing were given.
MakeMyTrip bought a majority stake in Quick Ride.
The deal expands MakeMyTrip’s presence in mobility, including shared mobility.
Quick Ride’s electric-vehicle taxi business was not included in the deal.
That business remains with iDisha Info Labs.
- Who
- MakeMyTrip and Quick Ride are involved. Quick Ride’s electric-vehicle taxi business remains with iDisha Info Labs.
- What
- MakeMyTrip bought a majority stake in Quick Ride, excluding its electric-vehicle taxi business.
- When
- Not stated
- Where
- Not stated
- Why
- To expand MakeMyTrip’s mobility business.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Buyer
- MakeMyTrip
- Stake
- Majority stake in Quick Ride
- Excluded business
- Quick Ride’s electric-vehicle taxi business
- Business owner
- iDisha Info Labs