<ul data-eligibleForWebStory="true"><li>MakeMyTrip plans to raise $3 billion to buy back shares from Trip.com Group, reducing Trip.com's stake to 19.99%.</li><li>Several Indian companies, including Paytm, Zomato, BigBasket, Dream11, Delhivery, and Pratilipi, have been cutting Chinese stake holdings amid geopolitical tensions.</li><li>Paytm saw Ant Financial lowering its stake gradually in One 97 Communications to under 5% from about 25% over the years.</li><li>Alibaba divested its stake in Zomato through its entities Ant Financial and Alipay Singapore Holding, reducing its stake to 2.1%.</li><li>Tata Group acquired a 60% stake in BigBasket from Alibaba, providing full exit to the Chinese company.</li><li>Dream11 has seen Tencent reducing its stake to less than 10% from approximately 10% due to regulatory challenges.</li><li>Delhivery's Chinese investor Fosun International sold a portion of its stake to Addition and Bay Capital, planning to exit the company.</li><li>Pratilipi raised $20 million, with Chinese investors Qiming Venture Partners and Shunwei Capital exiting during the funding round.</li></ul>

MakeMyTrip is buying out its Chinese stakeholders; these startups have also reduced Chinese holdings

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