$25m to $400m: SAIF Partners exits MakeMyTrip, makes 16 times on its Investment

eustan ventures pvt ltd

SAIF Partners has sold its entire remaining stake in MakeMyTrip, concluding a series of transactions that are estimated to have fetched it the largest cash exit in India's venture capital industry. The investment firm has since October shed its balance 11% holding in India's largest online travel agency as the Nasdaq-listed company's stock price surged by over 50% following its…