Online travel service provider MakeMyTrip has acquired a majority stake in Savaari Car Rentals Pvt Ltd, which will remain an independent entity led by its current leadership team.
The travel company had previously disclosed the deal in its financial results for the second quarter of FY2023-24. The acquisition is expected to further MakeMyTrip's growth, along with its technology and consumer insights expertise.
“All the formalities of the acquisition of the controlling stake are now........