Under the agreement, the Happay brand, its business operations, and a dedicated team will transition to MakeMyTrip. Happay's payments business and associated team, however, will remain with CRED.

MakeMyTrip acquires CRED's expense management platform Happay, integrating expense management with its corporate travel offerings.

MakeMyTrip, India’s largest online travel company, has agreed to acquire the expense management platform Happay from fintech CRED. The deal, announced on Monday, will see Happay’s expense management business and team transition to MakeMyTrip,

MakeMyTrip has signed a Business Transfer Agreement to acquire the expense management business of Happay from CRED. This move aligns with MakeMyTrip’s strategy to expand its corporate travel and expense management offerings.