Mr. Kapil Kumria CMD Corporate Alliance Group, a leading MICE and Corporate Business Travel Company with its other group companies today announced that ‘YESPIRED’ a Corporate Alliance Group company has acquired an 80 per cent stake in Meet 2 Travel – first of its kind Consumer Tourism Exhibition & Fest. This acquisition will help strengthen Corporate Alliance Group foothold in exhibition business both B2C & B2B. Mr. Vineet Gopal Director Meet 2 Travel with 20 per cent stakes will be the New CEO of the acquired Company ‘YESPIRED’ and Mr Gopal, will be responsible for managing affairs and opening of new exhibition segment in future.
Commenting on the acquisition Mr. Kapil Kumria CMD Corporate Alliance Group said, Meet 2 Travel – first of its kind Consumer Exhibition and Fest opens new business proposition for Corporate Alliance Group. India is one of the biggest consumer market & current trends today shows that everyone is working towards luring the consumer for business, whether it’s social media or any other medium, end of the day it’s all about consumers. In web space also the trends are all about “artificial intelligence – AI’ which is about analytics of consumer behaviour and M2T on same lines will be a great platform for its participants to showcase their offerings through 360 degree approach, M2T will help participants to network with new clients hence helping to enhance business. Also we are very happy with this acquisition as Mr. Vineet Gopal will be coming on board as the CEO, with his over 2 decades of his vast experience and connections with travel associations, will definitely be a strong asset for Corporate Alliance Group & this will be mutually beneficial for both in path of growth & expansion.
Vineet Gopal Director Meet 2 Travel said, We are excited for Meet 2 Travel to join Corporate Alliance Group family. This acquisition is of two likeminded companies having same values and business interest, definitely with Corporate Alliance Group we will be bigger and better, the new M2T connect & expertise will help clients optimize their travel spend and improve their travel booking experience. The acquisition creates clear opportunities, including a significant increase in scale and network reach, volume as well, all resulting in stronger customer service.
Barun Gupta Vice President, Sales Strategy, Business Development & Partnerships, India said this acquisition is start of new phase at Corporate Alliance Group as we are planning and shortlisted other acquisitions in near future in South Asia and South East Asia . We are excited by the exceptional opportunities we expect we will see in the future.” The group with its B2C & B2B brands are Corporate Flyers, Events Unlimited, White Horse Marcom, KALEEREIN BY KANIKA KUMRIA , India Best Tour , Optimax and Yespired .