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MakeMyTrip eyes Mumbai listing by 2027 with top banks amid Nasdaq slump

Business
Published on 29 April 2026
MakeMyTrip eyes Mumbai listing by 2027 with top banks amid Nasdaq slump

Nasdaq shares have slid, but India listing talks heat up

Online travel platform MakeMyTrip is reportedly exploring a Mumbai listing by the first quarter of 2027, using advisers including Axis Capital, Morgan Stanley, and JPMorgan. The strategy is aimed at tapping domestic capital and offering Indian-listed equity to fund growth. The company’s Nasdaq shares have fallen sharply over the past year, adding urgency to the plan.

  • MakeMyTrip is reportedly considering a Mumbai listing by Q1 2027
  • Axis Capital, Morgan Stanley, and JPMorgan are named as advisors
  • The move targets domestic capital and Indian-listed equity for expansion
  • Nasdaq shares have declined significantly over the last year
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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