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MakeMyTrip to acquire majority stake in Flamingo Transworld

Entrackr · 8d ago

Medial

MakeMyTrip to acquire majority stake in Flamingo Transworld MakeMyTrip has entered into an agreement to acquire a majority stake in regional tour operator Flamingo Transworld, for an undisclosed amount. Founded over three decades ago, Flamingo Transworld operates group tour services and has built a presence in regional markets including Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh. The company sells international and domestic group travel packages through a network of 51 offices across these regions. Flamingo’s offerings will complement its existing holiday packages business and help expand its presence in regional travel markets across India. Flamingo’s curated group tours include features such as regional-language tour managers and Indian meal options for travelers. The acquisition is part of MakeMyTrip’s strategy to strengthen its holiday packages segment and deepen distribution across offline and regional channels. The company operates travel platforms including Goibibo and redBus. In recent years, MakeMyTrip has expanded its travel ecosystem through acquisitions such as QuestToTravel in corporate travel bookings, Simplotel in hotel technology, BookMyForex in travel forex, Savaari in intercity mobility, and Happay in corporate spend management.