Startup Originals Team
India’s leading online travel platform MakeMyTrip has announced plans to acquire a majority stake in regional tour operator Flamingo Transworld. The strategic move aims to strengthen MakeMyTrip’s position in the holiday packages segment and expand its presence in India’s fast growing organised travel market.
Strategic Expansion in Holiday Packages
MakeMyTrip confirmed that it has entered into an agreement to acquire a majority stake in Flamingo Transworld, subject to certain closing conditions. The acquisition is expected to help the company scale its holiday offerings by combining its strong digital platform with Flamingo’s established expertise in curated group tours.
This partnership will allow MakeMyTrip to expand its reach in the growing outbound and domestic group travel market, which has seen increasing demand from Indian travellers in recent years.
Flamingo Transworld’s Strong Regional Presence
Founded more than 30 years ago, Flamingo Transworld has built a solid reputation in the group travel segment. The company offers a wide range of domestic and international tour packages and has developed a particularly strong presence across western and central India.
Its key markets include Gujarat, Maharashtra, Rajasthan and Madhya Pradesh, where it has built a loyal customer base through organised group tours and specialised travel experiences.
Leadership Changes at MakeMyTrip
Alongside the acquisition announcement, MakeMyTrip also revealed key leadership updates. The company has appointed former Wipro executive Dipak Bohar as its new Group Chief Financial Officer.
At the same time, former CFO Mohit Kabra has been elevated to the role of Chief Operating Officer, reflecting the company’s focus on strengthening operational leadership as it expands its travel services portfolio.
Conclusion
The acquisition of Flamingo Transworld marks another step in MakeMyTrip’s strategy to deepen its presence in India’s organised travel ecosystem. By combining digital reach with strong on ground tour expertise, the company aims to capture a larger share of the growing holiday packages market while enhancing travel experiences for Indian customers.
