Quest2Travel Acquired
Mumbai-based internet-based corporate travel management company. Through its enterprise software, large corporate clients manage end-to-end employee travel — travel request approval, corporate-policy-compliant online booking, invoice generation, expense management, reimbursement and final invoice settlement. Clients included Tata Motors, Aditya Birla Group, Times Group, HDFC Ergo and Thermax. MakeMyTrip acquired a 51% majority stake in April 2019, its first move into corporate…
Quest2Travel: Funding Rounds
No funding rounds tracked for Quest2Travel yet.
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 30 Apr 2019 | MakeMyTrip | Quest2Travel | $14.63M (51% stake, net of cash acquired) | source |
Recent Signals
-
30 Apr 2019 · ma-strategic
MakeMyTrip structured a 3-year earn-out to acquire Quest2Travel's remaining 49% source
News on Quest2Travel
No coverage of Quest2Travel linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on Quest2Travel
Who founded Quest2Travel?
Quest2Travel was founded by Abhay Rangnekar, Manoj G Menda in 2000.
What does Quest2Travel do?
Mumbai-based internet-based corporate travel management company. Through its enterprise software, large corporate clients manage end-to-end employee travel — travel request approval, corporate-policy-compliant online booking, invoice generation, expense management, reimbursement and final invoice settlement. Clients included Tata Motors, Aditya Birla Group, Times Group, HDFC Ergo and…
Where is Quest2Travel headquartered?
Quest2Travel is headquartered in Mumbai, India.
What is Quest2Travel's business model?
Quest2Travel's core value proposition centers on End-to-end corporate travel management on a single platform.