Flipkart takes minority stake in TravClan
The partnership will expand international holiday supply for Cleartrip and Flipkart Travel.
Flipkart announced a minority investment in TravClan on October 5. The amount and ownership percentage were not disclosed. Funding will support TravClan’s technology, global supply and destination operations.
TravClan connects travel agents with suppliers and on-ground support for holiday bookings. The partnership gives Cleartrip and Flipkart Travel access to this network as they broaden international packages for Indian travellers.
Use of funds
Global supply
Technology
Destination expansion