Flipkart to acquire online travel firm Cleartrip
Reports suggest that the online travel aggregator has been valued at $40 Million
Post the acquisition, Cleartrip will continue to operate as a separate brand
Flipkart will get access to a share of some 80-100 million consumers who use online platforms
In the domestic space, Cleartrip competes against MakeMyTrip
The startup has raised a total of $75 million in funding so far
