MakeMyTrip buys Quest2Travel to get foothold in corporate travel sector

MakeMyTrip will use this acquisition to expand its services to larger companies to use as their main travel venture

MakeMyTrip Limited said that it has acquired a majority stake in Mumbai-based Quest2Travel India Private Limited (Q2T), an internet based corporate travel management company.

Through Q2T’s enterprise software, large corporate clients are able to manage their end-to-end employee travel needs on a real-time basis in a transparent and secure manner. 

In addition, its online booking platform offers the entire workflow of travel procurement, including an employee’s travel request approval, corporate policy compliant online booking, invoice generation, expense management, reimbursement, and final invoice settlement.

On the acquisition, Deep Kalra, Founder and Group CEO, MakeMyTrip Limited 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. We have historically focused on providing travel solutions for retail customers and with this investment we are making a decisive foray into providing travel solutions for corporate customers as well.” 

Q2T has been enhancing its platform to meet the requirements of corporate clients for the past several years, and its clientele includes Tata Motors, Aditya Birla Group, Times Group, HDFC ERGO, and Thermax, among others.  

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