MakeMyTrip raised INR 73.5cr from Mauritius-based entity
Image Credit: shortpedia
The COVID-19 pandemic has affected the tourism and aviation industry severely. Amid the slowdown, Gurugram-based online travel company MakeMyTrip has raised INR 73.5 crore from Mauritius based entity- MakeMyTrip Limited. In Q3 2020, MakeMyTrip has reported an adjusted loss of $11.2 million, down from $19.3 million in the previous quarter of the same fiscal. The operations have been affected severely due to travel bans.