Travel portal MakeMyTrip acquires majority stake in shared mobility co. Quick Ride

Gurugram-based travel-tech platform MakeMyTrip has acquired a majority stake in Bengaluru-based Quick Ride , marking its entry into the ride pooling segment.Founded in 2014 by KNM Rao and others, Quick Ride is an asset-light mobility platform that connects users travelling along similar routes for car and bike pooling. The platform facilitates ride-sharing for daily commutes and collaborates with corporate entities, IT parks, and business campuses.MakeMyTrip plans to integrate Quick Ride into its ground transport business, leveraging its experience in scaling brands like redBus to increase the platform's presence in high-frequency daily commutes.