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On Thursday, MakeMyTrip announces the completion of the Savaari transaction, securing a controlling stake in the car rental service provider.
The acquisition of a majority stake in Savaari Car Rentals was initially revealed during MakeMyTrip’s second-quarter FY23-24 results.
Despite the acquisition, Savaari will maintain its autonomy, operating independently under the guidance of its existing leadership team, as stated by MakeMyTrip.
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