Flipkart acquires online travel company Cleartrip

Flipkart has announced the announced that it will acquire Cleartrip, a leading online travel technology company. Flipkart said that it will acquire 100% of Cleartrip’s shareholding, as the company further enhances its investments to strengthen its digital commerce offerings for customers. The amount of the deal is not disclosed by the companies, but reports say that it is around $40 million. Continue reading “Flipkart acquires online travel company Cleartrip”