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Stock impact report

MakeMyTrip to Acquire Happay Expense Management Platform from CRED

MakeMyTrip Limited - Ordinary Shares (MMYT) 
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am Check Earnings Report
US:NASDAQ Investor Relations: investors.makemytrip.com
Company Research Source: Business Wire
GURUGRAM, India--(BUSINESS WIRE)--MakeMyTrip, India’s leading online travel company, today announced that it has signed a Business Transfer Agreement to acquire Happay Expense Management Platform from CRED. This acquisition reinforces MakeMyTrip’s commitment to becoming the go-to platform for comprehensive corporate travel and expense management solutions.Happay is a leader in expense management, with robust capabilities in product development, data-driven insights, and scalable solutions that consistently drive value and efficiency for clients. Under the agreement, Happay brand, its expense management business, and its dedicated team will transition to MakeMyTrip.“We have consistently outpaced industry growth in the corporate travel sector over the past few years by focusing on innovation and seamless user experience,” said Rajesh Magow, Co-Founder and Group CEO, MakeMyTrip. “The acquisition of Happay’s brand and expense management platform is a natural next step in our strategy Show less Read more
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