# Cleartrip India Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cleartrip-india-pvt

- Industry: Internet
- Headquarters: Mumbai, India
- Website: www.cleartrip.com
- Total disclosed funding: $30M
- Latest round: Series C (Feb 28, 2008)
- Investors on record: 6

## About

Cleartrip India Pvt. Ltd. is a prominent online travel technology company that facilitates flight and hotel bookings, alongside various travel-related services, creating an efficient platform for travelers.Founded in 2005 and headquartered in Mumbai, India, Cleartrip India Pvt. Ltd. specializes in providing comprehensive travel solutions. The company has undergone strategic changes and was acquired by Wego Pte Ltd. in February 2022. The CEO, Ayyappan R, leads the organization, which has participated in 12 investment deals, securing total funding of USD 12.00 mn, with the latest being an Add-on Trade Sale of USD 40.00 mn led by Flipkart Internet Private Limited.Cleartrip India Pvt. Ltd. is an online travel technology provider focusing on flight and hotel bookings through its user-friendly platform. The company caters to individual travelers, business professionals, and families, offering services that include train ticket bookings, travel insurance, and real-time flight tracking. Cleartrip's offerings extend beyond India, appealing to both domestic and international travelers.In the most recent year of 2021, Cleartrip generated revenue of USD 10,948,392.20, reporting an EBITDA of USD -721,934.30, reflecting its transaction-based revenue model primarily from flight and hotel bookings.With the recent acquisition by Wego Pte Ltd., Cleartrip is expected to leverage new opportunities for growth. The company aims to launch new products and expand its market reach, focusing on untapped geographic regions. Recent funding will be utilized to support these initiatives, enhancing its service capabilities and offering diverse travel solutions to a broader audience.

## Funding rounds

- Series C, Feb 28, 2008, $19M — Draper Fisher Jurvetson, Kleiner Perkins, DAG Ventures, Mahindra Partners, Gund Investment Corporation, Sherpalo Ventures
- Series B, Dec 12, 2006, $8M — Kleiner Perkins, DAG Ventures, Gund Investment Corporation, Sherpalo Ventures
- Series A, Jan 1, 2006, $3.7M — Kleiner Perkins, Sherpalo Ventures

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C
- Sherpalo Ventures (https://capitalatlas.ai/funds/sherpalo-ventures) — Series A, Series B, Series C
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series B, Series C
- Gund Investment Corporation — Series B, Series C
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series C
- Mahindra Partners (https://capitalatlas.ai/funds/mahindra-partners) — Series C