MakeMyTrip to acquire Happay’s expense management platform from CRED

MakeMyTrip, an online travel company, on Monday said that it has signed a business transfer agreement to acquire Happay’s expense management platform from CRED for an undisclosed amount.

CRED is a members-only app that allows users to make payments and manage credit cards. Happay is an expense management application.

This acquisition will help the company expand its corporate travel segment and expense management solutions, it said.