India, March 5 -- Online travel platform MakeMyTrip is set to acquire a majority stake in regional tour operator Flamingo Transworld, as it looks to expand its holiday packages business.

In a statement, MakeMyTrip said it has entered into an agreement to acquire the stake in the tour operator, subject to certain closing conditions. However, it didn't disclose the financial details of the transaction.

The 30-year-old Flamingo Transworld offers domestic and international group tour packages. It has built a strong presence in western and central India, particularly across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh.

Its tour packages are largely sold through a network of 51 offices across these states. Flamingo Transworld focuses o...