MakeMyTrip Acquires Happay to Enhance Corporate Travel Management

MakeMyTrip has taken a strategic step to expand its corporate travel and expense management capabilities by acquiring the Happay Expense Management platform from CRED. This acquisition includes the Happay brand, its expense management business, and its dedicated team, bolstering MakeMyTrip’s position as a comprehensive corporate travel solutions provider.

The acquisition, executed through a Business Transfer Agreement, is expected to close within 90 days, subject to standard regulatory and closing conditions. Happay’s expertise in scalable expense management solutions, coupled with its data-driven insights, is set to complement MakeMyTrip’s innovation-driven approach to the corporate travel sector.

Happay, which serves over 900 corporate clients, has been a leader in expense management, delivering seamless solutions to businesses. With this acquisition, MakeMyTrip aims to redefine the corporate travel and…