Acquistion of majority stake in Savaari Car Rentals Private Limited by MakeMyTrip

  • Deal
  • November 24, 2023

JSA assisted and advised MakeMyTrip (India) Private Limited (“MMT”) in relation to its majority investment in Savaari Car Rentals Private Limited (“Savaari”), a leading online cab booking aggregator providing both local and inter-city car rental services.

MMT is the leading online travel company in India which provides a bouquet of online services including airline tickets, domestic and international holiday packages, hotel reservations, homestays, rail and bus tickets etc.

JSA advised on structuring the deal, undertook the legal due diligence of Savaari and assisted in drafting the transaction documents.

Our Transaction Team Comprised Lead Partner – Trisheet Chatterjee, Partner – Zain Pandit and Sarvesh Kumar Saluja, Senior Associate – Kaishori Raut and Associate – Neeral Jain.