Flipkart likely to bag Cleartrip for $40 million in distress sale
Flipkart likely to bag Cleartrip for $40 million in distress sale SECTIONS Share Synopsis Talks of a potential Flipkart-Cleartrip deal comes at a time when the Walmart-owned e-commerce firm is making strategic investments across sectors to build an ecosystem of online services. Mumbai:Flipkart is finalising the acquisition of Cleartrip, one the oldest travel booking portals in India, two people in the know said, as the Walmart-owned online retailer continues to make strategic investments across sectors to strengthen its portfolio and build an ecosystem around it. The Flipkart-Cleartrip deal, ...