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

    With this, Trip.com's stake in MakeMyTrip has fallen to 19.99% from 45%, 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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    https://economictimes.indiatimes.com/tech/startups/makemytrip-raises-3-1-billion-in-landmark-deal-to-slash-chinese-firm-trip-coms-stake-to-20/articleshow/121976288.cms

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