Online travel company MakeMyTrip has announced plans to acquire a majority stake in regional tour operator Flamingo Transworld. This strategic move aims to enhance MakeMyTrip’s holiday packages business.
Flamingo Transworld, known for its domestic and international group tour packages, has established a strong presence in western and central India, particularly across Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh. By integrating Flamingo Transworld’s specialized tour packages into its existing business model, MakeMyTrip seeks to enrich its holiday packages segment and provide customers with enhanced travel experiences.
This acquisition follows MakeMyTrip’s series of acquisitions, including QuestToTravel, Simplotel, BookMyForex, Savaari, and Happay, as the company continues to diversify its services and strengthen its position in the travel ecosystem.
Source: Inc42 Media