Online travel ticket booking platform MakeMyTrip has signed a Business Transfer Agreement to acquire Happay Expense Management Platform from Kunal Shah-led fintech unicorn CRED.Â
The acquisition reinforces MakeMyTrip’s commitment to becoming the go-to platform for comprehensive corporate travel and expense management solutions.
What does Happay do?
Happay is a leader in expense management, with robust capabilities in product development, data-driven insights, and scalable solutions that consistently drive value and efficiency for clients.
Under the agreement, Happay brand, its expense management business, and its dedicated team will transition to MakeMyTrip, according to the company’s statement.
“We have consistently outpaced industry growth in the corporate travel sector over the past few years by focusing on innovation and seamless user experience,” said Rajesh Magow, Co Founder and Group CEO, MakeMyTrip.Â
“The…
