Cleartrip will continue to operate as a separate brand, retaining all employees, says Flipkart
Easy Trip has no listed peers in the domestic market, having a similar operating model although it faces competition from private players like Cleartrip, MakeMyTrip and Yatra Online
The move would help the e-commerce giant diversify its business and tap the opportunities in the travel space, according to industry sources
Cleartrip acquired Saudi travel firm Flyin last July and it provides bilingual on ground support service and itineraries for inbound tourists
Loyalty on the radar, online travel agents sharpen the hook
Acquisition to help Cleartrip better tap online travel market in West Asia at a time when intense competition is delaying profitability back home
To address the quality issues related to service delivery by vendors, Cleartrip is building in-house technology capabilities that would help it organise and manage multiple layers of experiences
Cleartrip's losses more than doubled to Rs 64.6 cr from Rs 29 cr in the previous year