MakeMyTrip to raise â¹2,115 crore via share sale
Online travel firm MakeMyTrip on Wednesday said it will raise $330 million (over â¹2,115 crore) through share sale to investors as well as to Nasdaq-listed Ctrip and Naspers arm MIH Internet. The closing of placement and the transactions with Ctrip and MIH is likely to happen on or around May 5 this year. In 2016, MakeMyTrip bought rival ibibo Group.