MakeMyTrip / Happay 2024
MakeMyTrip acquired Happay on November 18, 2024.
- Target
- Happay
- Acquirer
- MakeMyTrip
- Announced
- November 18, 2024
- Sub-sector
- B2B Payments
Transaction overview
- MakeMyTrip announced the acquisition of Happay on November 18, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expand corporate travel and expense management capabilities to capture growing India business travel market projected to reach $38B by 2030.
Deal terms & multiples
Frequently asked questions
When did MakeMyTrip announce the acquisition of Happay?
MakeMyTrip announced the acquisition of Happay on November 18, 2024.
What sub-sector is Happay in?
Happay is tracked in the B2B Payments sub-sector.
Sources
- skift.com /2024/11/18/makemytrip-acquires-happay-in-move-to-strengthen-corporate-travel-biz/