MakeMyTrip has acquired travel planning website Mygola. The financial terms of the deal were not disclosed. As a result of the acquisition, Mygola team will join MakeMyTrip.
“The acquisition was done through our earlier announced Innovation Fund which is formed to invest in start-up or early-stage companies in the travel technology space,”
the company said in a statement.
MakeMyTrip said the acquisition was done through its Innovation Fund, which is formed to invest in start-up or early-stage companies in the travel technology space. Founded in 2009 by Anshuman Bapna and Prateek Sharma, Mygola covers more than 20,000 destinations worldwide and has half a million organic visitors a month. The company also has a partnership with travel website Expedia.com and gets commission by redirecting customers to Expedia for itinerary bookings.