Flipkart to acquire a controlling stake in online travel aggregator Cleartrip
In lines with Flipkart’s strategy to diversify across different product lines
Flipkart will compete with MakeMyTrip, Yatra, Ixigo, GoIbibo, Booking.com and EaseMyTrip
The acquisition comes at a time when online travel startups are recovering from COVID-19 induced slowdown
Cleartrip, an official partner of the Indian Railway, offers train bookings
Post the acquisition, Flipkart can directly offer train bookings through its platform
Flipkart forayed into online travel in 2018 offering MakeMyTrip service on its platform
