MakeMyTrip, a Nasdaq-listed company, has agreed to acquire a majority stake in Savaari Car Rentals Private Limited, a provider of inter-city car rental services in India. The transaction is set to be finalized by December 31, 2023, as the company aims to bolster its presence in the Indian inter-city car rental market. In its Q2 2024 results, MakeMyTrip reported gross bookings of $1.8 billion, marking a 24% year-on-year increase, with a profit of $2 million compared to a loss of $6.8 million in the same period the previous year.