Press Release

FLAMINGO Transworld Enters Strategic Partnership with MakeMyTrip

FLAMINGO Transworld Private Limited ("FLAMINGO"), one of India's leading group tour operators, today announced that it has entered into a definitive agreement with MakeMyTrip, under which MakeMyTrip will acquire a majority stake in the company, subject to the fulfilment of certain closing conditions. Over the last 30 years of its operations, Flamingo is a trusted name in curated international and domestic group tours, with a strong presence via 50+ network offices across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh. These tours are curated to make holidays a memorable experience and are particularly popular for having the best of Indian meals made by on-tour chefs or verified Indian vegetarian/Jain kitchens, in-house tour managers fluent in regional languages and ensuring coverage of the top things to do for the Indian tourists across international destinations.

Commenting on the acquisition, Rajesh Magow, Co-Founder and Group CEO, MakeMyTrip, said, "Flamingo fits perfectly into the growth strategy of our Holiday Packages business. It is a strong, growing business that has developed a unique moat in the group travel domain. We will leverage the complementary customer base, products and distribution focus between the two brands to widen holiday package options for our customers."

Mohit Kabra, Group Chief Operating Officer, MakeMyTrip, said, "Flamingo is an accretive growth opportunity and will help MakeMyTrip drive a deeper presence in regional markets across India."

Commenting on this, Sanjay Shah, Director and Co-Founder of Flamingo Transworld, said, "For over three decades, FLAMINGO has built something rare in Indian travel, genuine trust. From chef-led tours to regional-language guides, the brand has grown by going deeper. By combining FLAMINGO's brand equity and operational depth with MakeMyTrip's digital platform and national customer reach, we are building the foundation for a truly pan-India travel company, one that brings FLAMINGO's signature experience to millions of new customers without compromising what made it special."

Commenting on the development, Meeta Shah, Founder of FLAMINGO Transworld, said:

"This partnership reaffirms that learning never stops at any time, and we are looking forward to learning new ways to give happy holidays to more people with this strategic alliance, while remaining rooted in our firm values of trust, service quality, and spreading happiness through Happy Holidays."

Deloitte Touche Tohmatsu India LLP acted as the exclusive investment banking M&A advisor to FLAMINGO Transworld Private Limited on this transaction.