Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart. Cleartrip will continue to operate as a separate brand, retaining all employees while working closely with Flipkart to further develop technology solutions to make travel simple for customers, it added.
Kalyan Krishnamurthy, CEO, Flipkart Group, said that Cleartrip is synonymous with travel for many customers, and as Flipkart diversifies and looks at new areas of growth, this investment will help strengthen its wide range of offerings for customers.
“We welcome the Cleartrip team with their deep industry knowledge and technology capabilities to the Flipkart Group and look forward to providing deeper value…