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Gurugram (Haryana) [India], February 9: In a groundbreaking move that promises to redefine the Indian travel landscape, MakeMyTrip has embarked on a transformative journey by acquiring a majority stake in Savaari Car Rentals, a frontrunner in the Car Rental domain that boasts a presence in over 2000 cities across India. The partnership aims to expand the reach from the existing network of 2,000 cities to an ambitious 4,000 cities in the next six months, highlighting their dedication to increasing accessibility and reaching a broader customer base.
Understanding the critical role of last-mile connectivity in travel, Savaari and MMT are dedicated to providing comprehensive services that span the entire travel journey. This acquisition is part of MakeMyTrip’s ambitious strategy to harness the Intercity Car Rental market’s burgeoning potential, a sector valued at $6-$8 billion, with a significant potential of $3 billion shift towards online services.
“This acquisition marks…
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