MakeMyTrip acquired a majority stake in Bengaluru-based ride-pooling platform Quick Ride on Friday. The purchase expands the online travel company's ground transportation business beyond its existing offerings in bus bookings through redBus and intercity car rentals through Savaari.
Quick Ride connects commuters traveling similar routes to share rides and split costs. The platform also partners with corporates, IT parks, and business campuses for access to customers beyond individual travelers.
MakeMyTrip did not disclose the investment amount or precise ownership percentage beyond holding majority control. The move reflects a broader push into ground transportation as the company's air travel business softens. Quick Ride offers MakeMyTrip a product used regularly during daily commutes, not just around holidays when travelers book flights.