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MakeMyTrip acquires majority stake in Quick Ride

PUBLIC · MMYTNov 06, 2026

Acquiring Company

MakeMyTrip Limited

Acquired Company

Quick Ride

GurugramBengaluruLeisureTravelE CommerceTravel AgencyTransportationRide Sharing

Description

MakeMyTrip has acquired a majority stake in shared mobility platform Quick Ride for an undisclosed amount. The deal lets MakeMyTrip enter the ride-pooling segment for daily commutes and intercity travel. Quick Ride's ride-pooling business now sits under Co Ride Mobility Private Limited, with its promoters continuing to lead it. Its former EV taxi business remains with iDisha Info Labs Private Limited.

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Company Information

Company

MakeMyTrip Limited

Location

Gurugram, Haryana, India

About

MakeMyTrip Limited is India's leading online travel company, with a vision to become the most comprehensive and trusted platform for travelers and partners alike. We are driven by world-class technology, industry-first innovations, and deep consumer insights. Over the 24-year journey to date, we have more than 77 million lifetime transacted users. We own and operate several well-recognized online brands, including MakeMyTrip, Goibibo, and redBus.

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Frequently asked

Who acquired Quick Ride?

Quick Ride was acquired by MakeMyTrip Limited, based in Gurugram. The deal was reported on November 6, 2026. MakeMyTrip Limited is India's leading online travel company, with a vision to become the most comprehensive and trusted platform for travelers and partners alike. MakeMyTrip Limited is publicly traded (MMYT) and operates in Leisure.

When did MakeMyTrip Limited acquire Quick Ride?

MakeMyTrip Limited's acquisition of Quick Ride was reported on November 6, 2026. MakeMyTrip has acquired a majority stake in shared mobility platform Quick Ride for an undisclosed amount. The deal lets MakeMyTrip enter the ride-pooling segment for daily commutes and intercity travel. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Quick Ride do?

Quick Ride is an asset-light mobility platform that enables users to carpool on similar routes. It partners with enterprises, corporates, IT parks, and business campuses so employees can use its service. It is privately held, operating in Transportation, and is based in Bengaluru.

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