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MakeMyTrip Files IPO Papers With SEBI Via Confidential Route
Net proceeds received by MakeMyTrip and ibibo Holdings from the sale of shares in MMT India will further strengthen the cash position of MakeMyTrip.
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Technology · 2 sources covering this
MakeMyTrip files IPO papers with Sebi via confidential route
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.
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