MakeMyTrip Acquires Majority Stake in Quick Ride
MakeMyTrip enters the ride pooling segment through a majority stake in Quick Ride's new entity, Co Ride Mobility.
Key Takeaways
- MakeMyTrip has acquired a majority stake in Quick Ride, a Bengaluru-based shared mobility platform.
- The stake sits in Co Ride Mobility Private Limited, which now holds the Quick Ride brand and ride pooling business.
- The stake size and deal value were not disclosed.
- Quick Ride's EV taxi business stays with iDisha Info Labs Private Limited.
- Quick Ride will be housed under MakeMyTrip's ground transport business.
Table of Contents 5 sections
MakeMyTrip has acquired a majority stake in Quick Ride, a Bengaluru-based shared mobility platform, as the travel company enters the ride pooling segment. The deal was reported on 6 November 2026.
Quick Ride's brand and ride pooling business now sit in a new entity, Co Ride Mobility Private Limited, in which MakeMyTrip holds a majority stake. The size of the stake and the deal value were not disclosed, and Quick Ride's promoters will continue to lead the business.
MakeMyTrip and Quick Ride deal at a glance
| Detail | Value |
|---|---|
| Acquirer | MakeMyTrip |
| Target | Quick Ride, a shared mobility platform based in Bengaluru |
| Stake | Majority stake in Co Ride Mobility Private Limited (exact size not disclosed) |
| Deal value | Not disclosed |
| Business acquired | Quick Ride brand and ride pooling business |
| Left out of the deal | EV taxi business, which stays with iDisha Info Labs Private Limited |
| Who leads Quick Ride | Its promoters, who continue in charge |
| Where it will sit | MakeMyTrip's ground transport business |
How Quick Ride connects commuters on the same route
Quick Ride is an asset-light platform that matches people travelling on similar routes for car and bike pooling.
The company works with employers through an enterprise-led model, with partnerships across corporates, IT parks and business campuses. KNM Rao is its founder and CEO.
| When | What happened |
|---|---|
| 6 November 2026 | MakeMyTrip announces a majority stake in Quick Ride's ride pooling business, held through Co Ride Mobility Private Limited |
What MakeMyTrip said it will do with Quick Ride
MakeMyTrip said Quick Ride will be housed under its ground transport business, which is led by Prakash Sangam, CEO of redBus and Head of Ground Transport. The company said it will use its experience of building redBus to scale the ride pooling business.
Where MakeMyTrip's ground transport business stands after Quick Ride
With Quick Ride, MakeMyTrip's ground transport portfolio now includes redBus and Quick Ride, covering daily commutes and intercity travel. Its earlier deals include Savaari for car rentals, Happay for corporate travel and expense management, and Flamingo Transworld for regional group holiday packages, and it holds a minority investment in the visa processing platform Atlys.
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Frequently Asked Questions
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