Flipkart Eyes Cleartrip Acquisition To Rev Up Travel Biz Amid Recovery
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Ecommerce giant Flipkart is reportedly looking to purchase a controlling stake in online travel aggregator Cleartrip, a move that would pit the company against incumbents such as MakeMyTrip, Yatra, Ixigo, GoIbibo, Booking.com, EaseMyTrip and other aggregators in the travel and hospitality booking segment. “Negotiations are on and the proposed deal is for the sale of a majority stake in Cleartrip,” a source told Moneycontrol.