What is Cleartrip?
Established in 2006 and headquartered in Mumbai, Cleartrip operates as a sophisticated online travel aggregator. The platform serves as a critical interface for consumers and businesses alike, streamlining the complex process of travel procurement. By integrating flight, train, and hotel reservation systems into a unified digital experience, Cleartrip has positioned itself as a vital utility in the travel technology ecosystem. Its market position is defined by its ability to simplify travel logistics, providing users with transparent pricing and efficient booking workflows across diverse geographical regions.
How much funding has Cleartrip raised?
Cleartrip has raised a total of $56.4M across 4 funding rounds:
Unspecified
$3M
Private Equity
$8M
Private Equity
$40M
Private Equity
$5.4M
Unspecified (2006): $3M with participation from Kleiner Perkins Caufield & Byers
Private Equity (2006): $8M led by DAG Ventures
Private Equity (2011): $40M supported by Concur Technologies, Inc.
Private Equity (2014): $5.4M featuring Concur Technologies
Key Investors in Cleartrip
Concur Technologies
SAP Concur is a global provider of enterprise resource planning software specializing in on-demand employee spend management solutions. The company offers a comprehensive suite of products including travel and expense management, vendor payment systems, and travel management tools.
DAG Ventures
DAG Ventures is a mid-stage venture capital partnership that focuses on supporting visionary entrepreneurs and the elite early-stage VCs who back them. The firm emphasizes a service-oriented mindset, aiming for speed, consistency, and simplicity in its operations.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Park-based venture capital firm that invests in early and growth-stage technology and life-science companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech.
What's next for Cleartrip?
Looking ahead, Cleartrip is well-positioned to leverage its historical capital injections to drive further innovation in its product suite. As the travel industry continues to undergo digital transformation, the company is expected to focus on enhancing its enterprise-level travel management tools and expanding its footprint in emerging markets. By prioritizing user experience and operational efficiency, Cleartrip aims to capitalize on the increasing demand for seamless, integrated travel solutions, ensuring long-term sustainability and competitive advantage in a rapidly evolving global market.
See full Cleartrip company page
