About Cleartrip
Cleartrip is a company based in Bengaluru (India) founded in 2005 by Stuart Crighton was acquired by Flipkart in April 2021. Cleartrip has raised $69.5 million across 6 funding rounds from investors including Flipkart, Concur and Mahindra. Cleartrip has completed 1 acquisition, including Flyin. Cleartrip operates in a competitive market with competitors including MakeMyTrip, Ixigo, Despegar, Traveloka and Priceline, among others.
- Headquarter Bengaluru, India
- Founders Stuart Crighton
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Cleartrip Packages & Tours Private Limited
- Date of Incorporation 04 Sep, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.08 K (USD)-35.71as on Mar 31, 2023
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Net Profit
-$875.8 K (USD)-237.38as on Mar 31, 2023
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EBITDA
-$870.99 K (USD)-233.36as on Mar 31, 2023
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Total Equity Funding
$69.5 M (USD)
in 6 rounds
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Latest Funding Round
Not available
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Investors
Flipkart
& 9 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Flipkart
(Apr 14, 2021)
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Funding Insights of Cleartrip
Cleartrip has successfully raised a total of $69.5M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cleartrip
Cleartrip has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Flipkart, Concur and Mahindra.
| Investor | Description | Founded Year | Domain | Location |
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US focused VC firm
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Mid-stage venture capital investments and support for tech entrepreneurs.
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Early-stage investment in technology sectors is conducted by Sherpalo Ventures.
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Investor details for Cleartrip
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Investments & Acquisitions by Cleartrip
Cleartrip has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flyin.
Investment portfolio details for Cleartrip
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online travel agency for flight and hotel bookings
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Complete acquisition details for Cleartrip
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- Acquired stakes
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Financial Statements - Cleartrip
Detailed financials for Cleartrip
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Cleartrip Comparisons
Peer comparison for Cleartrip
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Competitors of Cleartrip
Cleartrip operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MakeMyTrip, Ixigo, Despegar, Traveloka and Priceline, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online bookings for flights, hotels, and travel packages are facilitated.
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Online platform providing multiple travel booking services
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Multiple travel services are booked via an app-based platform.
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Multiple travel services are booked via an app-based platform.
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Travel services are booked via an AI-powered platform.
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Last-minute bookings for travel and entertainment are facilitated online.
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Detailed competitors of Cleartrip
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Latest news on Cleartrip
Complete news archive for Cleartrip
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Frequently Asked Questions about Cleartrip
Cleartrip was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Cleartrip is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Stuart Crighton is the current CEO of Cleartrip. They have also founded this company.
Cleartrip is a funded company, having raised a total of $69.5M across 6 funding rounds to date.
Annual revenue of Cleartrip is $1.08K as on Mar 31, 2023.
Cleartrip was founded in 2005 and is headquartered in Bengaluru, India. An app-based platform is operated for booking travel services such as flights, hotels, and related options. Bookings are facilitated through user inputs like locations, payment information, and preferred dates. The application is provided for both Android and iOS devices, serving users in the travel sector across multiple categories.
Cleartrip's top competitors include MakeMyTrip, Ixigo and Despegar.
Cleartrip has made 1 acquisition, including Flyin.
Cleartrip has 10 investors. Key investors include Flipkart, Concur, Mahindra, Kleiner Perkins, and Adani Group.