MakeMyTrip Acquires Majority Stake In Carpooling Platform Quick Ride

6 Nov 2026, 4:20 pm · 3h ago · 1 min read · Inc42New

Stage

Acquisition

Lead

MakeMyTrip

Nasdaq-listed online travel major MakeMyTrip has acquired a majority stake in Bengaluru-based carpooling startup Quick Ride for an undisclosed sum. Quick Ride’s brand and ride-pooling business have been transferred to a newly established entity, Co Ride Mobility Private Limited, where MakeMyTrip holds majority control while original promoters continue leading operations. Quick Ride's electric taxi vertical remains with iDisha Info Labs. Founded in 2014 by KNM Rao, Quick Ride serves enterprise shared mobility across eight major metros and previously raised over $14 million from institutional investors including Prosus and Venture Highway.