Online travel major MakeMyTrip is evaluating a potential listing of its India business, a move that could open the company to domestic institutional and retail investors while strengthening its position in its largest market.
The Nasdaq-listed company said it has completed an internal restructuring to consolidate its key brands operating in India under a single entity, with RedBus India merged into MakeMyTrip (India) Private Limited. The restructuring is seen as a preparatory step that could enable a future India listing, subject to market conditions and regulatory approvals. An India listing would allow the company to tap local capital markets and potentially use India-listed equity for future acquisitions and growth initiatives, while boosting brand visibility in its core market.
The Nasdaq-listed company said it has completed an internal restructuring to consolidate its key brands operating in India under a single entity, with RedBus India merged into MakeMyTrip (India) Private Limited. The restructuring is seen as a preparatory step that could enable a future India listing, subject to market conditions and regulatory approvals. An India listing would allow the company to tap local capital markets and potentially use India-listed equity for future acquisitions and growth initiatives, while boosting brand visibility in its core market.
Meridiano
