Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 20 2019

MakeMyTrip collaborates with Capital Float to provide travel finance for customers

This facility will let customers avail credit facility of up to Rs 2 lakh to book flights, hotels, holidays or international travel.

MakeMyTrip, an online travel portal, has tied up with Capital Float, a digital lending platform, to offer travel finance for customers. This facility will let customers avail credit facility of up to Rs 2 lakh to book flights, hotels, holidays or international travel.

The programme, called MMT Travel Finance, is targeted at customers who may be low in credit preference for banks or new to credit. It will let selected customers enroll after completing a two-step registration process.

Rajesh Magow, Co-Founder and Chief Executive Officer-India, MakeMyTrip, said, "We have the capability to deploy advanced machine learning and Big Data analytics to offer easy travel finance options and help customers cut through time-consuming paperwork to sanction and process the credit. This tech-powered credit solution will help fulfil the need for access to credit for a large number of unserved or underserved customers."

Sashank Rishyasringa, Co-Founder of Capital Float, stated, "With this product, we have retained an excellent customer experience at the core of the offering, as customers can avail of zero cost travel finance from Capital Float with just a few clicks. We are thrilled to continue expanding upon our DNA of being a disruptor in the fintech space. We’ve presently pre-approved nearly 10 million customers and look forward to financing the requests of millions more on MMT."

Comment
image
Related opportunities
  • Other Vocational Training
    About Us: The Sunday Science School is a registered institute for..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2009
    Investment size Rs. 2lac - 5lac
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Fashion Accessories
    About Us: Franchise Partners Invited for KOREA’S DESIGNER LIFESTYLE BRAND  Beccos, a..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: India’s First Protein Chain. No Competition in Same Product Category..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Real Estate Sub
    About Us: KOSHER PROCTOR INDIA PRIVATE LIMITED is a professional Real Estate..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities