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MakeMyTrip is considering an India IPO after merging RedBus, aiming to boost growth through local capital and strong travel demand.
MakeMyTrip is exploring a potential IPO in India, following a restructuring that merged RedBus into its Indian entity to streamline operations.
The move aims to access domestic capital markets, boost brand presence, and support growth through local equity.
The company cited strong travel demand in India, driven by a growing middle class and digital adoption, along with its large customer base and expanded services via acquisitions like Flamingo Transworld and a stake in Atlys.
A listing remains pending market conditions and regulatory approval.
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MakeMyTrip está considerando una IPO en India después de la fusión de RedBus, con el objetivo de impulsar el crecimiento a través del capital local y la fuerte demanda de viajes.