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FLIPKART CLEARTRIP ACQUISITION
Walmart-backed Flipkart to invite banks for IPO pitch in AprilFlipkart IPO: Flipkart is moving towards a public listing. Banks will be invited to pitch for work on its potential initial public offering...
Cloudy skies for Cleartrip: revenues jump 69%, but losses are substantialTotal expenses stood at Rs 886 crore in FY25, compared to Rs 990 crore a year ago. A significant chunk of this was attributed to employee b...
Cleartrip appoints Manoj Awasthi as chief technology officerCleartrip, owned by Flipkart, appointed Manoj Awasthi as chief technology officer to enhance its tech leadership. Manoj, previously CTO at ...
Flipkart head of new biz Adarsh Menon quits, group CEO Krishnamurthy rejigs teamMenon was made head of Flipkart’s new businesses last July when another senior executive Prakash Sikaria was finalising his plans to leave ...
Cleartrip’s December quarter bookings to exceed 2019 levels by 1.4 times, says CFO AgarwalCleartrip CFO Aditya Agarwal said the company has seen “huge” growth across the board this year. The recovery last year was at a smaller pa...
Flipkart promotes two executives to SVP as part of multiple promotionsBharath Ram and Guddeti Bharath Reddy have been elevated as SVPs, while Sharon Pais, who was moved to Myntra as its chief business officer,...
Flipkart’s Shopsy head Prakash Sikaria set to quitSikaria is currently the senior vice president for growth and monetization at Flipkart. Sikaria heads Flipkart’s growth charter and also le...
Flipkart acquires D2C SaaS platform ANS CommerceFounded in 2017, ANS provides various services to companies and brands looking to sell online. These include services that help brands set ...
Flipkart appoints Prashant Jhaveri as CEO of healthcare businessJhaveri previously worked with Apollo Health and Lifestyle Limited as its chief business officer and was responsible for growth and partner...
Flipkart sells Cleartrip’s Middle East business to WegoAs part of the transaction, Flyin.com, a Saudi-based travel company Cleartrip acquired in 2018, will be sold to Wego. The deal also involve...
Cleartrip looks to ramp up workforce by 40%Travel booking portal Cleartrip, which recently increased its workforce strength by 60% this quarter, plans to further ramp up its employee...
Flipkart group acquires electronics recommerce platform Yaantra for $40 millionWith the acquisition of Yaantra, Flipkart said it will give the company greater access to affordable refurbished smartphones.
Adani Group picks up stake in CleartripThe development comes just months after the group inked a strategic partnership with Walmart-owned Flipkart for a logistics hub and a data ...
Adani picks up minority stake in Flipkart's CleartripAs a part of the investment, Cleartrip will serve as the group’s online travel agency partner, Adani Enterprises said.
Flipkart appoints Myntra executive Ayyappan R as Cleartrip CEO in a big restructuring moveThis is the first significant restructuring at Cleartrip being made by Flipkart after the web retailer acquired the travel portal in April ...
Flipkart, PhonePe continue to experience strong growth: Walmart CEOFlipkart's acquisition of Cleartrip and the alliance with Adani Group will enhance the e-commerce firm's digital offerings and strengthen i...
Swiggy's $450 million deliverySwiggy, which landed $800 million in funding earlier this month, is on the verge of bagging another $450 million from SoftBank Vision Fund.
Flipkart acquires Cleartrip as part of its diversification driveThe Flipkart-Cleartrip deal comes at a time when Flipkart and Amazon are aggressively pushing hotel and travel bookings on their sites as t...
Flipkart likely to bag Cleartrip for $40 million in distress saleTalks of a potential Flipkart-Cleartrip deal come at a time when the Walmart-owned e-commerce firm is making strategic investments across s...
Flipkart acquires mobile marketing firm AppiterateThe financial details of the deal were not disclosed. In line with its 'Mobile First' focus, this acquisition strengthens Flipkart's presen...