On July 17, 2026, MakeMyTrip Limited announced that its wholly-owned subsidiary, MakeMyTrip (India) Limited (MMT India), has confidentially filed a draft red herring prospectus with the Securities and Exchange Board of India and the BSE and NSE of India for a proposed initial public offering. The IPO will involve the sale of equity shares in MMT India by MakeMyTrip and its subsidiary, ibibo Group Holdings (Singapore) Pte. Ltd. MMT India will remain a subsidiary and be included in consolidated financial statements. Proceeds will be used for long-term growth, strategic inorganic initiatives, and security repurchases. The company operates in the travel technology industry, providing a digital marketplace for air tickets, hotels, and other travel-related services.