Flipkart to acquire Cleartrip
The Hindu
Cleartrip operations will be acquired by Flipkart and Cleartrip will continue to operate as a separate brand, a statement said
Walmart-owned Flipkart on April 15 said it will acquire Cleartrip, an online travel technology company. Flipkart will acquire 100% of Cleartrip's shareholding as the company further enhances its investments to strengthen its digital commerce offerings for customers, a statement said. Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart and Cleartrip will continue to operate as a separate brand, it added.
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