Flipkart to acquire online travel firm Cleartrip

Flipkart said on Thursday it has agreed to acquire online travel and hotel ticketing firm Cleartrip as the Walmart-owned e-commerce firm looks to expand its offerings in the world’s second-largest internet market. The deal values 14-year-old Cleartrip, which raised about $74 million prior to the acquisition, at about $40 million, a person familiar with the … Continue reading Flipkart to acquire online travel firm Cleartrip