MakeMyTrip has signed a business transfer agreement to acquire Happay, an expense management platform from fintech firm Cred, enhancing its corporate travel services. The deal includes the transition of Happay"s brand, expense management business, and team to MakeMyTrip, while Cred retains Happay’s payments division. This strategic acquisition aims to strengthen MakeMyTrip"s leadership in the corporate travel sector, as stated by Co-Founder and Group CEO Rajesh Magow.
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