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.

MakeMyTrip evaluates India IPO, merges RedBus into India entity as part of restructuring

Online travel platform MakemyTrip in a filing on March 16 said that it is evaluating a potential listing in India.

MakeMyTrip has completed its internal restructuring to combine its key brands operating in India under a single entity, with the merger of RedBus India into MakeMyTrip (India) Private Limited (“MakeMyTrip India”).

As part of its long‑term growth objectives, the Company is evaluating a potential listing of MakeMyTrip India in India, which 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. 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.

Any potential India listing remains subject to, among other things, market conditions, regulatory approvals and customary corporate considerations.