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MakeMyTrip buys Happay from CRED
MakeMyTrip, India's largest online travel company, has agreed to acquire the expense management platform Happay from fintech CRED. The deal, announced on MakeMyTrip has agreed to acquire the expense management platform Happay from fintech CRED.
MakeMyTrip, India’s largest online travel company, has agreed to acquire the expense management platform Happay from fintech CRED. CRED, which had acquired Happay in a $180 million deal in late 2021, will also retain the B2B payments technology stack that recently launched solutions on Bharat Connect with NPCI. The deal is aimed at bolstering MakeMyTrip’s corporate travel offerings, which already serve 59,000 small and medium-sized businesses through its MyBiz platform and 450 large enterprises via Quest2Travel.
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