MAKEMYTRIP NASDAQ LISTING
MakeMyTrip's India arm gets Sebi nod to float IPO
MakeMyTrip's India subsidiary, MMT India, has received approval from Sebi for an initial public offering. This approval follows a confidential filing of draft papers made in July. The IPO will involve the sale of equity shares by MakeMyTrip and its subsidiary, ibibo Group Holdings. Proceeds from the sale are expected to enhance the cash position of the parent company.
AI is reshaping holiday planning, but travellers still want the final say
One in two travel bookings is online now, and it is expected to increase. Two-thirds of the total bookings will move online in the short term, according to a report by brokerage firm Motilal Oswal Financial Services. From ₹210,000 crore in 2023, the market will expand to Rs 380,000 crore by 2028, it said. Online penetration is projected to increase from 54% to 65% in this period.
MakeMyTrip India files confidential IPO DRHP with Sebi. Check details
MakeMyTrip has stealthily submitted documents for its Indian subsidiary's IPO, marking a significant step in expanding its market presence. The planned offering includes equity shares in MakeMyTrip India Ltd. By doing so, the company aims to boost brand recognition and motivate talent within the subsidiary. The funds raised will bolster MakeMyTrip's financial strength, paving the way for future development opportunities.
Nasdaq-listed MakeMyTrip said to hire banks for India offering
Online travel platform MakeMyTrip is reportedly considering a Mumbai listing by the first quarter of 2027, engaging Axis Capital, Morgan Stanley, and JPMorgan as advisors. This move aims to access domestic capital and provide Indian-listed equity for growth initiatives. The company's Nasdaq shares have seen a significant decline over the past year.
MakeMyTrip eyes domestic listing after restructuring India business
The Nasdaq-listed online travel major has completed an internal restructuring, consolidating its key brands operating in India under a single entity, with RedBus India merged into MakeMyTrip (India) Pvt Ltd. The restructuring is seen as a step forward to enable a future India listing. This follows new-age companies, including Groww, Meesho, Swiggy and Lenskart, making successful public listings on Indian bourses.
MakeMyTrip's gross bookings from corporate travel cross $1 billion in 2025
Nasdaq-listed MakeMyTrip on Tuesday said its gross bookings from the corporate travel segment crossed $1 billion in 2025, serving a base of more than 40 lakh employees.
Ixigo IPO: A look at the online travel aggregator’s listed rivals
The travel industry, which had taken a beating during the Covid-19 period, witnessed a smart recovery post-pandemic, with some players registering more than double-digit growth in FY23 compared to FY20.
CCI fines MakeMyTrip, Oyo for anti-competitive conduct
The Competition Commission of India (CCI) has been investigating the companies since 2019 following allegations by a hotel body that MakeMyTrip gave special treatment to SoftBank-backed Oyo on its platform.
MakeMyTrip founder Deep Kalra steps down as group CEO, Rajesh Magow to take over
Kalra, a St Stephen’s College and IIM-Ahmedabad alumni, will now serve as executive chairman, the company said in a statement. Rajesh Magow, who was till recently CEO of MakeMyTrip India, will now take over as group chief executive, a move that effectively separates the two roles.
OYO-MakeMyTrip extend commercial agreement for a further five-year period.
The agreement between the two Gurgaon-based companies, both leaders in their respective segment, was first inked in February last year.
PepsiCo’s outgoing marketing head Vipul Prakash to join MakeMyTrip
Prakash, with PepsiCo since 1998, has been through diverse roles across marketing and franchise functions.
MakeMyTrip backs travel-focused tech venture Bitla Software
The investment is likely to complement redBus, the online bus ticketing platform operated by MakeMyTrip, after its 2016 acquisition of Ibibo Group.
Independent hoteliers fear a big squeeze in MakeMyTrip-OYO deal
MakeMyTrip has begun listing Ritesh Agarwal-promoted OYO Rooms’ properties across its eponymous platform, as well as Goibibo, the online travel firm it acquired in 2016.
MakeMyTrip and OYO rekindle partnership; Latter to list all properties across MMT platforms
The announcement also comes almost three weeks after a senior MakeMyTrip executive said, during the Nasdaq-listed company’s third-quarter earnings call with analysts earlier this month.
MakeMyTrip India CEO Rajesh Magow rejoins Flipkart board
Magow's re-appointment comes at a time when the online retail giant is also expected to have representatives from Tencent, Softbank and other global investors.
A $60 million Yatra on the cards for shareholders
Online travel portal files for potential offer for sale of shares with US Securities and Exchange Commission which will benefit some stakeholders
CCI nod to MakeMyTrip, Ibibo Group merger
The transaction, involving the largest consolidation deal in India’s internet sector, had resulted in Naspers becoming the biggest shareholder, owning more than a third of the combined entity.
MakeMyTrip acquires travel planning website Mygola using innovation fund
Sources said the development said all employees of Mygola have been retained and co-founder Anshuman Bapna has started working closely with the MakeMyTrip team.
MakeMyTrip acquires travel startup Mygola
Mygola, founded by IIT Mumbai batchmates Bapna and Prateek Sharma in 2009, claims it can help travellers create custom trips in 15 minutes.
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