Indian travel technology company MakeMyTrip has acquired a majority stake in Bengaluru-based shared mobility platform Quick Ride. The deal marks an important step for MakeMyTrip as it expands beyond its core travel services and enters the ride-pooling market.
The company announced the acquisition on November 6, 2026. The financial details of the deal have not been shared. However, the move gives MakeMyTrip a direct presence in a market that focuses on shared travel and daily city commutes.
Quick Ride is a technology-based platform that connects people who travel along similar routes. It allows users to share car and bike rides for their daily travel needs. The service aims to make travel more affordable while also help reduce the number of vehicles on busy roads.
For MakeMyTrip, the acquisition adds a new service to its ground transport business. The company already has a presence in bus travel through redBus and car rental services through Savaari. Quick Ride adds another option for people who need transport within cities.
The company plans to use its experience in the travel sector to expand Quick Ride’s reach and business. The deal also reflects MakeMyTrip’s wider plan to offer more services across different parts of the travel market.
What Is Quick Ride and How Does It Work?
Quick Ride is a Bengaluru-headquartered shared mobility platform that helps people find others who travel along similar routes. Instead of each person use a separate vehicle, the platform allows commuters to share a journey.
For example, several employees may live in the same area and travel to the same office district each morning. Quick Ride helps connect such people so they can share a car or bike journey.
This model can reduce the cost of daily travel for users. People who share a ride can divide travel expenses, while drivers can recover part of their fuel and vehicle costs.
The platform follows an asset-light business model. This means Quick Ride does not depend entirely on a company-owned fleet of cars or bikes. Instead, it connects people who already have access to vehicles with others who need a ride.
Quick Ride also has an enterprise-focused business model. It works with companies, IT parks and business campuses to help employees find shared travel options.
This approach allows the company to reach large groups of office workers through corporate partnerships. It also gives businesses another way to support employee travel.
Daily office commutes are a major part of urban transport needs. Many employees travel along similar routes at similar times. Quick Ride aims to make better use of these common travel patterns through its technology platform.
Quick Ride Brand and Ride-Pooling Business Move to a New Company
An important part of the deal is the internal restructuring of Quick Ride’s business.
The Quick Ride brand and its ride-pooling operations now sit under a new company called Co Ride Mobility Private Limited. MakeMyTrip has acquired a majority stake in this new entity.
This means the deal covers the Quick Ride brand and its ride-pooling business rather than the entire earlier business structure.
Quick Ride’s promoters will continue to lead the business after the acquisition. This allows the current leadership team to remain at the centre of its operations while the company becomes part of the MakeMyTrip group.
There is also a clear separation between the ride-pooling business and the company’s former electric vehicle taxi operations.
Quick Ride’s earlier EV taxi business will remain with its predecessor company, iDisha Info Labs Private Limited. It will not become part of the new entity under MakeMyTrip’s majority ownership.
This distinction is important because MakeMyTrip has acquired a specific part of Quick Ride’s business. The focus is on shared mobility and ride pooling rather than the earlier EV taxi operations.
The financial value of the acquisition and the exact percentage of shares acquired have not been disclosed.
Why Has MakeMyTrip Acquired Quick Ride?
The main reason behind this deal is MakeMyTrip’s plan to expand its presence across different travel and transport services.
The company has built its business around services such as flight tickets, hotel reservations, holiday packages and bus travel. Over the years, it has also added more services through acquisitions and strategic investments.
However, daily city travel offers a different business opportunity.
A person may book a flight or hotel only a few times a year. In comparison, office travel is a regular need for many people. Employees may travel between their homes and workplaces five or six days a week.
By enter the ride-pooling market, MakeMyTrip can connect with customers more often. It can also offer more transport options to people who already use its other travel services.
The acquisition gives the company access to a platform that focuses on daily commutes rather than only long-distance journeys.
MakeMyTrip believes this service can complement its current ground transport business. It can serve customers who need a ride within a city as well as those who travel between cities.
This wider approach could help the company build a stronger position across the travel and mobility sector.
MakeMyTrip Plans to Use Its redBus Experience
Quick Ride will become part of MakeMyTrip’s ground transport business, which includes redBus.
This is an important part of the company’s plan for the new business. MakeMyTrip wants to use the experience it gained from the growth of redBus to expand Quick Ride.
redBus has built a strong position in the intercity bus travel market. It connects passengers with bus operators and provides a platform for people to search for and book bus tickets.
MakeMyTrip believes that some of the lessons from this business can also help Quick Ride.
Both platforms work in the wider transport sector, although their services are different. redBus focuses on intercity bus travel, while Quick Ride focuses on shared journeys and daily commutes.
MakeMyTrip can use its knowledge of customer needs, digital platforms and transport partnerships to support the new business.
Its wider reach may also help Quick Ride connect with more users and business partners.
The company has not shared a detailed plan for the future of Quick Ride or a specific target for its expansion. However, its decision to place the platform under the ground transport business shows that it sees ride pooling as an important part of its transport strategy.
What MakeMyTrip CEO Rajesh Magow Said
Rajesh Magow, co-founder and group CEO of MakeMyTrip, described the acquisition as part of the company’s wider expansion strategy.
He said that ride pooling gives MakeMyTrip access to high-frequency daily commutes within cities as well as intercity travel.
He also noted that shared rides have the potential to ease traffic congestion because more people can travel together instead of use separate vehicles.
Magow said Quick Ride would become part of the group’s ground transport business. He also explained that MakeMyTrip plans to use the lessons from its work with redBus in India and overseas markets to expand the platform.
His comments show that MakeMyTrip sees Quick Ride as more than a separate mobility service. The company wants it to become part of a wider transport network that can serve customers across different types of journeys.
For MakeMyTrip, this could create more opportunities to serve the same customer through several transport options.
Quick Ride Founder KNM Rao Welcomes the Deal
KNM Rao, founder and CEO of Quick Ride, also shared his views on the acquisition.
He said the company was built to make it easier for people to connect and share their everyday journeys.
Rao described the deal as an important milestone for the Quick Ride team and its user community. He also said the company looks forward to use MakeMyTrip’s reach and travel industry experience to expand its business.
The fact that Quick Ride’s promoters will continue to lead the business is also important.
The current leadership team has experience with the platform, its customers and its corporate partners. Its continued role could help maintain business continuity after the change in ownership.
At the same time, MakeMyTrip can provide support through its wider business network and experience in the travel sector.
The deal therefore brings together Quick Ride’s knowledge of shared mobility and MakeMyTrip’s experience in travel technology.
Prakash Sangam Sees a Wider Travel Opportunity
Prakash Sangam, CEO of redBus and head of ground transport at MakeMyTrip, also described the acquisition as a strategic fit for the group.
He said Quick Ride expands the company’s services across a wider range of travel needs.
The company sees an opportunity to serve the same customer across different parts of a journey. For example, a person may use Quick Ride for a daily office commute and redBus for a weekend trip to another city.
This approach could help MakeMyTrip build stronger links with its customers.
Instead of focus only on flight tickets, hotels or bus reservations, the company can offer services for shorter daily journeys as well.
Sangam’s comments also show how Quick Ride fits into the wider ground transport business.
The company wants to create a service network that can support different travel needs through its brands and platforms.
MakeMyTrip Has Made Several Acquisitions in Recent Years
The Quick Ride deal is part of MakeMyTrip’s wider strategy to expand through acquisitions and strategic investments.
The company has made several moves across different parts of the travel sector in recent years.
It acquired Savaari to strengthen its presence in car rental services. Savaari gives MakeMyTrip access to a market where customers need cars for local travel, airport transfers and outstation journeys.
The company also acquired Happay, which focuses on corporate travel and expense management. This added another service for businesses that need tools to manage employee travel and related costs.
MakeMyTrip also acquired Flamingo Transworld, a regional tour operator that offers group holiday packages.
Apart from these acquisitions, the company made a strategic minority investment in Atlys, a technology platform that focuses on visa processing.
Each of these deals has helped MakeMyTrip expand into a different part of the travel market.
Quick Ride adds shared mobility to this list. It gives the company access to daily city travel, a segment that was not a major part of its earlier business.
Together, these moves show that MakeMyTrip wants to build a wider travel services business rather than depend only on traditional online travel bookings.
How Could the Deal Help People Who Travel Every Day?
Daily travel is a major concern for people in large Indian cities. Traffic congestion, high fuel costs and long travel times can make office commutes difficult.
Many people travel along the same roads at similar times but use separate vehicles. This can lead to more traffic and higher transport costs.
Ride pooling offers one possible solution to this problem.
Through Quick Ride, people who travel along similar routes can connect and share a journey. This can help users divide travel expenses and make better use of the vehicles already on the road.
For office employees, the platform can offer another way to reach work without the need to use a separate vehicle every day.
Corporate partnerships can also help businesses support shared travel among their staff.
However, the success of this model depends on several factors. Users need to find suitable travel partners, routes and timings. They must also feel comfortable with the service and trust the people with whom they share a ride.
Quick Ride’s corporate network may help it address some of these needs because it can connect employees who work at the same office or business campus.
MakeMyTrip’s support could also help the platform reach more customers over time.
What Does the Acquisition Mean for India’s Shared Mobility Market?
The deal highlights the growing interest of large travel companies in shared mobility.
Travel needs are not limited to flights, hotels or long-distance journeys. People also need affordable and reliable ways to travel within their cities.
Shared mobility platforms aim to meet this demand by connect people who travel along similar routes.
MakeMyTrip’s entry into this segment could give Quick Ride access to more resources and a wider customer network. It also places ride pooling under the control of a company with a strong presence in India’s travel sector.
The acquisition may also encourage more attention towards shared transport services from other companies.
However, the deal alone does not guarantee success. Quick Ride will need to attract more users, maintain strong corporate partnerships and offer a reliable service.
It will also need to make sure that its platform meets the needs of daily commuters across different cities.
For MakeMyTrip, the challenge will be to use its wider business strength to support Quick Ride without losing the platform’s focus on shared travel.
What Happens Next for MakeMyTrip and Quick Ride?
The next phase will focus on the development of Quick Ride under the MakeMyTrip group.
The current promoters will continue to lead the business, while the new ownership gives the platform access to MakeMyTrip’s wider travel network.
Quick Ride will sit under the group’s ground transport business alongside redBus. MakeMyTrip plans to use its experience with redBus to help the shared mobility platform expand.
The company has not disclosed the purchase price, exact shareholding percentage or detailed business targets for Quick Ride.
It has also not announced a specific timeline for future product changes or a major expansion plan.
For now, the key part of the deal is clear. MakeMyTrip has acquired a majority stake in Quick Ride’s brand and ride-pooling business through Co Ride Mobility Private Limited. The former EV taxi business will remain with iDisha Info Labs Private Limited.
The next few years will show how well the company can use this deal to build a stronger presence in shared mobility.
Conclusion
MakeMyTrip’s acquisition of a majority stake in Quick Ride marks a major step in its expansion across India’s travel and transport sector.
The deal gives the company access to a technology-based shared mobility platform that connects people who travel along similar routes. It also adds daily city commutes to a business that already covers buses, car rentals, corporate travel and holiday packages.
Quick Ride’s promoters will continue to lead the business, while MakeMyTrip plans to use its experience with redBus to support its growth.
The financial value of the deal remains undisclosed. The acquisition also covers the Quick Ride brand and ride-pooling business, while the former EV taxi operations remain outside the new entity.
With this move, MakeMyTrip is taking another step towards a wider transport services business. Its aim is to serve customers across more parts of their travel needs, from a daily office commute to a trip between cities.
Also Read – OpenAI Eyes Pierre Computer to Expand Its Codex Platform