In a significant development for India’s travel and technology ecosystem, MakeMyTrip is reportedly preparing to launch an initial public offering (IPO) in India. The move signals a strategic shift aimed at strengthening its domestic investor base while raising capital to fuel long-term expansion.
The Gurugram-based online travel aggregator, which is already listed on NASDAQ, is exploring a potential listing on Indian exchanges to tap into the country’s growing retail investor market. This dual-listing strategy is increasingly becoming popular among Indian-origin companies seeking to align closer with their primary user base and operational geography.
