Latham & Watkins Advises MakeMyTrip On $330 Million Equity Financing From Certain Existing, New Investors
Latham & Watkins, the global law firm, advised MakeMyTrip Limited on a $330 million equity financing from certain existing and new investors.In 2010, Latham had advised MakeMyTrip on its Nasdaq listing, and follow-on offerings in 2011 and 2014. Morgan Stanley India Company Pvt. Ltd., acted as the sole placement agent in connection with the financing. Proceeds from the transactions will be used...
Latham & Watkins, the global law firm, advised MakeMyTrip Limited on a $330 million equity financing from certain existing and new investors.
In 2010, Latham had advised MakeMyTrip on its Nasdaq listing, and follow-on offerings in 2011 and 2014. Morgan Stanley India Company Pvt. Ltd., acted as the sole placement agent in connection with the financing.
Proceeds from the transactions will be used to fund business expansion, strategic investments, technology and product development, marketing and promotions, working capital and general corporate purposes.
The Latham & Watkins team was led by Singapore partners Rajiv Gupta and Michael Sturrock, supported by Hong Kong counsel Louis Rabinowitz and Singapore associates Kelly Teoh and Jalpit Amin.