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MakeMyTrip raises $3.1 billion to cut Chinese firm Trip’s holding

With this, Trip.com’s stake in MakeMyTrip has fallen to 19.99% from 45.34%, with two directors, down from five. This comes a month after MakeMyTrip faced allegations of endangering the travel data of Indian army personnel due to its Chinese shareholding.

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Jun 21, 2025 - 21:00
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MakeMyTrip raises $3.1 billion to cut Chinese firm Trip’s holding
With this, Trip.com’s stake in MakeMyTrip has fallen to 19.99% from 45.34%, with two directors, down from five. This comes a month after MakeMyTrip faced allegations of endangering the travel data of Indian army personnel due to its Chinese shareholding.
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