---
title: "MakeMyTrip Buys Majority Stake in Quick Ride | bharat.digital"
description: "The travel platform said on 6 November 2026 it took control of Bengaluru based Quick Ride's ride pooling brand via Co Ride Mobility, while founder KNM Rao..."
url: "https://bharat.digital/originals/makemytrip-majority-stake-quick-ride-ride-pooling/index.md"
canonical: "https://bharat.digital/originals/makemytrip-majority-stake-quick-ride-ride-pooling/"
published: "2026-11-06T19:15:04+04:00"
updated: "2026-11-06T19:15:04+04:00"
section: "Originals"
type: "startup"
author: "bharat.digital desk"
image: "https://bharat.digital/img/originals/makemytrip-majority-stake-quick-ride-ride-pooling-auto-71f8323d-og.jpg"
language: "en-IN"
site: "bharat.digital"
---

# MakeMyTrip buys a majority stake in Quick Ride to enter daily ride pooling

*The travel platform said on 6 November 2026 it took control of Bengaluru based Quick Ride's ride pooling brand via Co Ride Mobility, while founder KNM Rao stays in charge and the old EV taxi line stays with iDisha Info Labs.*

By bharat.digital desk. Startup, Startups & Fintech. Published 2026-11-06T19:15:04+04:00. 1 min read.

![MakeMyTrip buys a majority stake in Quick Ride to enter daily ride pooling](https://bharat.digital/img/originals/makemytrip-majority-stake-quick-ride-ride-pooling-auto-71f8323d-hero.webp)

## At a glance

- Company: MakeMyTrip / Quick Ride
- What it does: Online travel group adding shared mobility ride pooling under its ground transport portfolio
- Based in: Bengaluru
- Latest: Majority stake acquisition of Quick Ride ride pooling business
- Date: 2026-11-06
- Founders: KNM Rao (Quick Ride); Rajesh Magow (MakeMyTrip co-founder and group CEO)

MakeMyTrip on 6 November 2026 said it had acquired a majority stake in Quick Ride, a Bengaluru shared mobility platform, for an undisclosed amount. The Economic Times, Business Standard and Entrackr all reported the same core facts from the company announcement: MakeMyTrip is entering ride pooling and shared mobility to sit beside its existing ground transport businesses, including redBus.

Quick Ride's brand and ride pooling business went through an internal restructuring and now sit under Co Ride Mobility Private Limited, which is the entity MakeMyTrip has taken a majority stake in. The company's earlier EV taxi business remains with the predecessor entity, iDisha Info Labs Private Limited. Founder and CEO KNM Rao and the current promoters continue to lead the ride pooling business under the MakeMyTrip group.

Quick Ride, founded in 2015, runs an asset light model that matches people travelling on similar routes for car and bike pooling, including enterprise programmes with corporates, IT parks and campuses. Entrackr noted earlier investors such as Sequoia Capital India (now Peak XV Partners), Naspers (now part of Prosus) and Venture Highway, including a 2019 Series B of about Rs 100.78 crore. Deal value for the MakeMyTrip stake was not disclosed in the coverage reviewed.

Group CEO Rajesh Magow framed ride pooling as a way into high frequency daily urban commutes as well as intercity trips, and said the business will sit under ground transport so MakeMyTrip can reuse lessons from building redBus in India and overseas. redBus CEO and ground transport head Prakash Sangam said the group wants to serve the same customer from the office commute to the weekend trip home. For MakeMyTrip the move extends a string of ground and travel adjacencies that already include Savaari, Happay, Flamingo Transworld and Atlys.

## Sources

1. [Economic Times: MakeMyTrip acquires majority stake in Quick Ride](https://economictimes.indiatimes.com/industry/services/travel/makemytrip-acquires-majority-stake-in-quick-ride-expanding-into-shared-mobility-market/articleshow/135601836.cms)
2. [Business Standard: MakeMyTrip acquires majority stake in Quick Ride to enter ride pooling](https://www.business-standard.com/companies/news/makemytrip-acquires-majority-stake-in-quick-ride-to-enter-ride-pooling-126110601337_1.html)
3. [Entrackr: MakeMyTrip acquires majority stake in Quick Ride](https://entrackr.com/news/makemytrip-acquires-majority-stake-in-quick-ride-to-enter-shared-mobility-segment-12789293)
4. [Inc42: MakeMyTrip acquires majority stake in Quick Ride](https://inc42.com/buzz/makemytrip-acquires-majority-stake-in-quick-ride-to-enter-ride-pooling/)

Written by the bharat.digital desk from the sources above. Figures are as reported by those sources.
