India-based online travel agency MakeMyTrip (MMT) has acquired a majority stake in tour operator Flamingo Transworld, subject to certain closing conditions.
Flamingo runs group tours in regional markets including Gujarat, Maharashtra, Rajasthan and Madhya Pradesh for domestic and international tourists.
The acquisition will complement MMT’s holiday packages business and help drive its growth across India. Revenue for the hotels and packages business increased almost 15% to $133 million for the three months ended December 31, 2025.
“Flamingo aligns closely with 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 plan to leverage the complementary customer base, products and distribution focus between the two brands to widen holiday package options for our customers,” said Rajesh Magow, co-founder and group CEO of MMT.
“For over three decades, Flamingo has built something unique 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 aim to build a truly pan-India tour company that brings Flamingo’s signature experience to millions of new customers,” said Sanjay Shah, co-founder and director of Flamingo Transworld.
The acquisition builds on MMT’s inorganic growth strategy for key segments in travel. Most recently the company acquired corporate spend management technology Happay and intercity mobility specialist Savaari.