FLAMINGO Transworld, a group tour operator in India, today announced that it has entered into a definitive agreement with MakeMyTrip, under which MakeMyTrip will acquire a majority stake in the company, subject to the fulfilment of certain closing conditions.
Over the last 30 years of its operations, Flamingo has operated international and domestic group tours, with offices across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh. These tours include Indian meals made by on-tour chefs or verified vegetarian/Jain kitchens, in-house tour managers fluent in regional languages, and coverage of attractions for Indian tourists across domestic and international destinations.
Deloitte Touche Tohmatsu India LLP acted as the exclusive investment banking M&A advisor to FLAMINGO Transworld Private Limited on this transaction.
“Flamingo fits perfectly into 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 will leverage the complementary customer base, products and distribution focus between the two brands to widen holiday package options for our customers.” — Rajesh Magow, Co-Founder and Group CEO, MakeMyTrip
“Flamingo is an accretive growth opportunity and will help MakeMyTrip drive a deeper presence in regional markets across India.” — Mohit Kabra, Group Chief Operating Officer, MakeMyTrip
“For over three decades, FLAMINGO has built something rare 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 are building the foundation for a truly pan-India travel company, one that brings FLAMINGO’s signature experience to millions of new customers without compromising what made it special.” — Sanjay Shah, Director and Co-Founder of Flamingo Transworld
“This partnership reaffirms that learning never stops at any time, and we are looking forward to learning new ways to give happy holidays to more people with this strategic alliance, while remaining rooted in our firm values of trust, service quality, and spreading happiness through Happy Holidays.” — Meeta Shah, Founder of FLAMINGO Transworld
