StartupsVCCircleabout 9 hours ago
MakeMyTrip confidentially files for India unit's IPO
1 min read
MakeMyTrip has confidentially filed a draft red herring prospectus with SEBI for an IPO of its Indian subsidiary. The offer-for-sale will see its US parent and Singapore-based GoIbibo offload stakes. The company could raise over $1 billion and become the second Indian travel tech firm to list in India after Yatra.
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