MakeMyTrip to raise $2.5 Bn to halve Chinese investor Trip.com’s stake

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Here’s a structured list based on the information provided:

Startup

  • Name: MakeMyTrip

Funds

  1. Primary Offering
    • Amount: 1.4 crore equity shares
    • Price: Yet to be determined
  2. Convertible Notes
    • Amount: Up to $1.25 billion

Investors

  • Trip.com Group Limited
    • Ownership: 45.34% of total voting rights

Founders

  • Not explicitly mentioned in the text.

Fundraise Series

  • Series: Primary offering and Convertible Notes

Date

  • Announcement: Date not specified in the text.

Summary of the Fundraise

  • Total Amount Expected: Over $2.5 billion, aimed at facilitating a partial exit for Trip.com by repurchasing Class B shares.

This summary captures the key financial and ownership details surrounding the funding efforts of MakeMyTrip as described in the text.

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2025-06-17 09:13:19