Online travel platform ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/makemytrip” target=”_blank”>MakeMyTrip has raised $3.1 billion through a mix of equity and debt, its banker, Morgan Stanley, said on Friday.

On Tuesday, MakeMyTrip, in a regulatory filing, said that data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/makemytrip-looks-to-raise-3-billion-to-recoup-stake-from-chinas-trip-com/articleshow/121911763.cms” data-type=”tilCustomLink” target=”_blank”>it is raising $3 billion to buy back shares from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/trip-com” target=”_blank”>Trip.com Group, reducing the Chinese company’s holding to 20% from the initial 45%.

The fundraise is the largest ever by a listed Indian new-age company.

“Primary equity follow-on offering of 18,400,000 ordinary equity shares priced at $90 per share and five-year convertible senior notes offering, at zero…

Online travel platform ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/makemytrip” target=”_blank”>MakeMyTrip has raised $3.1 billion through a mix of equity and debt, its banker, Morgan Stanley, said on Friday.

On Tuesday, MakeMyTrip, in a regulatory filing, said that data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/makemytrip-looks-to-raise-3-billion-to-recoup-stake-from-chinas-trip-com/articleshow/121911763.cms” data-type=”tilCustomLink” target=”_blank”>it is raising $3 billion to buy back shares from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/trip-com” target=”_blank”>Trip.com Group, reducing the Chinese company’s holding to 20% from the initial 45%.

The fundraise is the largest ever by a listed Indian new-age company.

“Primary equity follow-on offering of 18,400,000 ordinary equity shares priced at $90 per share and five-year convertible senior notes offering, at zero…