May 2, 2017 / 10:13 PM / 3 months ago

BRIEF-Makemytrip Limited announces $330 million equity financing

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May 2 (Reuters) - Makemytrip Ltd

* Makemytrip Limited announces $330 million equity financing

* Makemytrip Ltd - company will issue 4.6 million ordinary shares in aggregate to investors at a price of $36 per ordinary share

* Makemytrip Ltd - proceeds from transactions will be used to fund business expansion, strategic investments, technology, product development, marketing, promotions

* Makemytrip Ltd - Makemytrip also entered into share purchase agreements with MIH for 3.7 million class B shares at a price of $36 per class B share

* Makemytrip - also entered into share purchase agreement with ctrip.com international where co will issue 916,666 shares to Ctrip at $36/ordinary share Source text for Eikon: Further company coverage:

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