MakeMyTrip is evaluating a potential listing in India, the company said today.
The potential listing could provide an additional avenue to access capital, including from domestic institutional and retail investors as well as enable it to provide India‑listed equity as potential consideration for growth initiatives, it said.
Currently the company is listed on NASDAQ in US.
MakeMyTrip is the largest online portal in India and over the past few years has solidified presence across various travel verticals. AI-based travel solutions is another focus area for the company.
“The company believes that an India listing can be a catalyst to further boost the MakeMyTrip brand in its core market, strengthen its leadership in India and support longer-term growth,” it said.