MakeMyTrip ponders IPO in India
India-based OTA MakeMyTrip is considering a listing in India to unlock additional capital for growth. The company recently completed an internal restructure bringing brands under a single entity. It also acquired tour operator Flamingo Transworld and invested in visa processing company Atlys. Revenue increased 11% to $296 million in Q3 FY2026.
Impact and considerations
An India listing could boost brand presence, attract capital, and impact the competitive landscape of India's online travel market.
Key points
- MakeMyTrip considers India listing to boost long-term growth.
- Completed internal restructure unifying India brands.
- Acquired tour operator Flamingo Transworld to complement packages business.
- Invested in visa processing company Atlys for smoother visa applications.
- Q3 FY2026 revenue increased 11% to $296 million.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 18 Mar 2026, 02:20
- Page published
- 13 Aug 2026, 08:24
- Last updated
- 18 Mar 2026, 02:20
- Original links
- PhocusWire All News：MakeMyTrip ponders IPO in India | PhocusWire (opens in a new tab)Primary source · en · Published 18 Mar 2026, 02:20