Eyeing super app goals, Adani Group to pick stake in Flipkart-owned Cleartrip
Shortpedia
Content Team
Image Credit: Inc42
In a bid to take on Tata Sons and Reliance Industries in the ecommerce segment, Gautam Adani-led Adani Group has announced to invest in Cleartrip Pvt Ltd. Adani Enterprises has signed a Share Subscription Agreement and Shareholders’ Agreement with Cleartrip and a Shareholders’ Agreement with the existing shareholder Flipkart Marketplace Pvt Ltd for acquiring a “significant minority” stake in the online travel aggregator, the company said.
