In a deliberate attempt to boost its corporate travel offerings, online travel operator MakeMyTrip has announced that it has purchased the Happay Expense Management Platform from banking behemoth CRED. Through this acquisition, MakeMyTrip will be able to broaden its range of corporate travel and expenditure management products, thereby positioning itself as the preferred platform for businesses looking to streamline their corporate travel needs.
Strengthening Corporate Travel Leadership
MakeMyTrip wants to dominate the business travel market by integrating Happay’s expense management tools into its existing platforms. At the moment, MakeMyTrip serves over 59,000 corporate clients through its MyBiz platform, which is designed for small to medium-sized businesses, and over 450 large enterprises through Quest2Travel. The purchase of Happay, which allows businesses to manage spending and travel on a single, integrated platform, will enhance these offerings.
Rajesh Magow, co-founder…
