Cleartrip clocks gross booking value of $1.5 bn and net revenue of $100 mn globally Exchange4Media
Cleartrip’s Head of Corporate Strategy, Aditya Agarwal shared that more than half the revenues for Cleartrip come from outside India Online travel portal-Cleartrip has clocked gross booking value of $1.5 billion and net revenue of $100 million globally, Aditya Agarwal, Head Corporate Strategy, Cleartrip shared with exchange4media. “Cleartrip is operating at close to breakeven EBITDA […]
Cleartrip partners with Payback India to offer multi-brand loyalty program The Hindu Business Line
Cleartrip, a travel tech organisation in India and the Middle-East, has partnered with Payback India, a multi-brand loyalty programme. This partnership will enable the 100 million-plus Payback customers to earn points on Cleartrip and in addition redeem their existing Payback points on every booking made with Cleartrip. The partnership will also give Cleartrip access to […]
Cleartrip’s new solution to help customers get special fares The Economic Times
Cleartrip has come up with Cleartrip for Work through which travellers with a GST number can access corporate fares on flights with benefits that include cashbacks, complimentary in-flight meals, zero trip modification charges, reduced cancellation fee, and reduced seat selection fee through a sign-in process. Travellers can avail benefits across flights and hotels for domestic […]
Cleartrip Brings Corporate Travel Benefits To MSMEs, Startups With Cleartrip For Work Inc42
India’s startup ecosystem has been increasingly getting global as well as domestic attention. With billions pouring every year into the ecosystem, it’s a great time to scale up. As part of scaling up, while several India startups have taken the international route, there are many startups looking to scale their expansion across India. Primarily, startups are looking to tap into the […]
‘What We Built is Sustainable, Not Glamorous’: Stuart Crighton of Cleartrip Forbes
Steve Jobs is an icon for many entrepreneurs. We are fascinated by him,” says Stuart Crighton, 49, co-founder and CEO of Cleartrip, alluding to the posters of global entrepreneurs and their famous one-liners that plaster the walls of Cleartrip’s Bengaluru office. Crighton had co-founded the company in 2006 with Hrush Bhatt and Matthew Spacie. With […]
Here’s how Cleartrip’s CTO uses Machine Learning to offer personalised travel for customers Economic Times CIO
The travel industry has come a long way. Gone are the days when travellers, among other challenges, had to spend time searching for travel agents, negotiating with them for cost-effective itineraries, and face the risk of fake itineraries. With the onset of new technologies and innovations, travel today has become faster, smarter, and more contextualised. The scale of this […]
Travel companies rely on offbeat destinations, tech adoption to beat slowdown The Hindu Businessline
Despite the lack of policy boost, industry players are hoping for a revival soon Online travel company Easemytrip is focusing on promoting offbeat locations these days as a way to beat the overall slowdown in the travel and tourism industry. “At present, we are focusing on promoting offbeat locations that are equally beautiful but lesser-known […]
Premium-economy and business-class fly high even as aviation sector slows The Hindu Business Line
Even as there are concerns around the overall slump in the aviation sector, the premium economy saw its bookings surge up to 50 per cent, while that of business class rose by 15 per cent, according to industry players. Travel companies such as Cleartrip have seen a rapid growth in this segment, though it is […]
How Cleartrip is charting a clear path to capture a good share of the online travel market Economic Times Brand Equity
Cleartrip, a global online travel and hospitality platform, this year expanded its presence in the Middle-East and Northern Africa market, such as Bahrain, Oman and Kuwait. With the acquisition of Saudi Arabia-based Flyin, the online booking portal now holds a combined market share of 60% in West Asia. The company which started its operations through flight bookings, has now expanded its offerings […]
Cleartrip Introduces Flexifly Allowing Flyers to Reschedule Domestic Flights Without Hefty Charges Gadgets NDTV
Cleartrip has launched a new ‘Flexifly’ solution that enables flyers to change their travel date and time and switch flights between airlines without any hefty penalties. The new Flexifly solution is priced in the range of Rs. 149 to Rs. 299, depending on the ticket price, travel sector, airline type, and other criteria. It is […]
Indroneel Dutt – Chief Financial Officer at Cleartrip explains some major pointers which can help revive both airlines and passengers Zee Business
Just like every industry, the aviation sector also has high hopes from NDA government during Budget 2019, which will be announced by Finance Minister Nirmala Sitharaman on July 5, 2019. The fiscal FY19 was a gamechanger for airlines, with SpiceJet, Indigo, GoAir, AirAsia and Vistara strengthening their international market presence on back of private carrier […]
Travelling on Data: How data analytics is transforming the travel industry Money Control
Online travel aggregators such as Cleartrip have been at the forefront of adoption of data & analytics and have applied it to number of business areas. Most organizations today are making heavy investments in data analytics, strategy, and data-driven solutions. Why? Because data enables them to identify opportunities to optimize operations, processes, and functions. However, […]
Cleartrip launches 2-dimensional Filter for Flight Bookings Techstory.in
Cleartrip has announced the launch of an innovative 2-dimensional (2-d) filter for flight bookings on its mobile application. The new 2-d filter will deal with the flight duration and the ticket price which are the two crucial factors that dominate users’ travel decisions. Once the respective travel points are entered, the 2-d filter immediately analyses […]
Cleartrip enhances ‘Multi-city’ search Business Standard
Cleartrip recently upgraded its ‘Multi-city’ feature to solve for the traveller challenge of booking a complex multi-city itinerary. The leading online travel and leisure aggregator has made several enhancements in the product logic which will now help its users get highly optimized results in terms of flight options and better pricing. This enhancement is particularly […]
How technology has brought in customised services to travellers – Interview, with CTO, Cleartrip Elets
The process to plan a vacation or to travel to a long distance destination has transformed manifold over the past few years. Gone are the days when one had to queue up to book tickets or accommodations. With the advent of the online travel agencies (OTAs) these long and time consuming steps have been reduced […]
On the lookout for travel storytellers, Cleartrip launches an Instagram contest Exchange4Media
In a development that will excite travel enthusiasts across the country, travel and leisure platform Cleartrip has launched a special Instagram contest titled Relive Your Memories. Scheduled to run for the full month of April, the social media contest will give participants a chance to win Cleartrip Gift Cards worth INR 1 lakh as Grand […]
Cleartrip lays down a solid roadmap to become “OTA to the emerging world” Web In Travel
At the last WiT Middle East in Dubai in 2015, Stuart Crighton, CEO of Cleartrip, made it very clear the OTA would bet big on mobile given the high mobile penetration in the region, a trend markedly similar to its home market in India. Articulating his vision then, he said Cleartrip did not wish to […]
Airfares soaring: Here’s why https://www.livemint.com/
The rise is more acute between major cities and more impact is seen in last-minute fares (less than seven days), said Cleartrip.com The increase in airfare is due to Boeing 737 groundings and financial crisis at Jet Airways. But the former has a much more limited impact. Trouble in the air Jet Airways founders Naresh […]
How Cleartrip is betting on Machine Learning to take its data game further TechCircle
Cleartrip’s Chief Product Officer Subramanya Sharma who joined Cleartrip in 2007, has seen the online travel industry transition from using at the first cases of big data for getting simple insights to now using machine learning at the back end to power real-time decision making for customers.
Cleartrip’s Suman De on how travel companies are using digital tools to their advantage Tech Gig
Often, a small spark is all one needs to ignite a roaring flame. The same is the case with consumer behaviour. Small moments can trigger major purchase decisions, or change the way that target audiences engage with a brand. Look at your own behaviour as a customer for proof. You see a product – for […]
Cleartrip becomes the first OTA to ink deal with Wayanad DTPC Deccan Chronicle
The travel solutions provider will promote local tourism to increase higher traffic to the region. Cleartrip has inked a deal with the District Tourism Promotion Council (DTPC) to list activities managed by Wayanad DTPC on its platform. The travel solutions provider will promote local tourism to increase higher traffic to the region. With this, Cleartrip […]
Cleartrip mulls public float in 2-3 years The Hindu Business Line
Becoming EBITDA positive is our immediate goal, says strategy head, Aditya Agarwal Abhishek Law Mumbai-based online travel and hospitality company, Cleartrip, is planning an IPO in the next two-three years. The immediate focus though is to turn profitable by FY20. According to Aditya Agarwal, Head of Corporate Strategy and M&A, Cleartrip, some verticals of the […]
NDTV HOP visits the office of one of the leading travel organisations of the country NDTV Hop
The interview, profiling Prasad Menon (CHRO), Sudhir Mantena (Director – Products) and Manoj Sharma (CTO), highlights some new product introductions which help Cleartrip customer travel make more informed and confident travel decisions. The interactions also focus on what keeps the Cleartrip tribe passionately working towards solving travel problems like it’s day one. NDTVHOP visits Cleartrip […]
How CFO Of Cleartrip Is Responding To The Digital Wave Express Computer
In an interview with Express Computer, Indroneel Dutt, CFO, Cleartrip, discussed the impact of the digital capabilities on the traditional finance function. Further, he emphasised on building a finance team to complement the emerging technologies and highlighted the key elements of his data-driven digital strategy. How is a CFO reacting to the extensively growing digital? […]
This Valentines I pledge to be committed towards Climate Change Your Story
As apocalyptic photographs of the polar vortex striking across mid-west America unfolded on my computer screen in warm, tropical Bangalore, I shivered in sympathy. I thought of my family in Chicago, and how just days before we were vacationing in the sunny Maldives. The very same island nation that by most accounts is sinking into […]
Tourism and jobs: A better future for all – A Cleartrip article Deccan Herald
Travel and tourism is a high-growth industry that has the potential to create millions of jobs and boost employment prospects. According to the World Travel & Tourism Council (WTTC), travel and tourism in India supported 41 million jobs in 2017. The industry contributed to 10.4% of the global GDP in 2017 and by 2028 it […]
Weekday not an issue, couples gear up for a short vacation Times Of India
Valentine’s Day falls on a weekday, Thursday, but that’s no bar for couples to get away from it all and bask in the warmth of each other. Balu Ramachandran, head of air and distribution, Cleartrip, told TOI that beaches are trending this Valentine’s week with Goa, Andaman’s and Pondicherry on top of the list popular […]
Jet Airways rejigs ticket distribution, snaps ties with Amadeus The Hindu Business Line
Online travel agents like Cleartrip heavily uses Amadeus’ network distribution, said Balu Ramachandran, Head of Air and Distribution. He said, “It’s a hard stop. We will have to re-align our strategy and get into a technical and commercial relationship with those providers to have Jet Airways’ inventory on our website. This re-alignment will involve investments […]
India’s Cleartrip eyes IPO as it plans Gulf expansion Arabian Business
Cleartrip, the India-based online travel and hospitality major, is looking at coming out with an initial public offer (IPO) in the next 2-3 years, a senior company executive said. The company’s current plan for a major expansion in the Middle East, aimed at achieving its target of mopping up over 50 percent of the total […]
Cleartrip unveils accommodation booking trends in India Business Traveller India
Cleartrip’s latest study titled “Evolution of the Travel Space in India” maps the accommodation booking trends in India, observed in the time period of 2014-2018. Ankit Rastogi, Vice President, Accommodation and Activities, Cleartrip, said, “Through this study, we have garnered interesting insights such as the growing propensity for last minute travel plans amongst as well […]
India-based Cleartrip to ramp up MidEast operations Arabian Business
Cleartrip, the India-based global online travel and hospitality major, has drawn up a major expansion plan for its Middle East operations which would see the company making acquisitions as well as heavy investments for organic growth GCC markets including Bahrain, Oman and Kuwait. The proposed expansion plans will also see Cleartrip, in which Abdullah Alromaih […]
Talent trip: The journey of talent in the tourism industry People Matters
People Matters was in conversation with Cleartrip and other players in the Indian tourism industry to understand how this sector has been evolving over the years and also to gauge how the talent space is shaping the course of the industry. Today being National Tourism Day, here’s a glimpse into policies, processes, challenges and trends […]
22% increase in number of women travelling abroad, says Balu Ramachandran of Cleartrip Money Control
With capacity induction from all airlines, financial pressures faced because of high crude rates and a depreciating rupee, 2018 has been a dynamic year for the airline industry. And to top it all, consumers have seen drastic changes in pricing for their travel, says Balu Ramachandran, head of air and distribution at Cleartrip. In an […]
Cleartrip appoints new Vice President, Finance People Matters
In a bid to further streamline its finance function, Cleartrip, travel platform in India and the Middle East, has appointed Pradeep Sriram as its Vice President of Finance. At Cleartrip, he will oversee financial accounting and controllership, business finance, direct and indirect taxation, accounts receivables and payables, and risk, fraud and controls management. Pradeep brings […]