MakeMyTrip's India subsidiary gets SEBI approval to launch IPO

MakeMyTrip's Indian subsidiary, MakeMyTrip (India), has received SEBI approval to launch its initial public offering. The company had confidentially filed draft IPO papers with SEBI in July 2026. The proposed IPO is expected to comprise an offer for sale of equity shares by Nasdaq-listed parent MakeMyTrip and its wholly owned subsidiary, ibibo Group Holdings (Singapore).