E-commerce player Flipkart on Thursday said it will acquire Cleartrip, a leading online travel and technology company.
Founded in 2006, Cleartrip offers its customers a comprehensive and personalised travel experience through its innovative mobile and desktop solutions.
Flipkart will acquire 100 per cent of Cleartrip’s shareholding, as the company further enhances its investments to strengthen its digital commerce offerings for customers.
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.
“The Flipkart