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Flipkart has acquired a minority stake in TravClan, a Delhi-based B2B travel technology platform, to strengthen its international travel offerings through subsidiaries Cleartrip and Flipkart Travel. Financial terms of the deal were not disclosed.
Founded in 2018 by Arun Bagaria, Chirag Agrawal and Ashish Thapliyal, TravClan operates a platform that helps travel agents build, customise and book international holiday packages, including hotels and activities, backed by 24/7 on-ground destination support. The company currently powers outbound travel for more than 15,000 travel agents through direct supplier relationships across domestic and international destinations.
Through the investment, Cleartrip and Flipkart Travel will gain access to TravClan’s supplier network, technology and destination-level operations, allowing the companies to offer more curated international holiday packages with reliable on-ground support.
“TravClan’s supplier network and destination capabilities will help us build that experience across Cleartrip and Flipkart Travel,” said Nishant Verman, SVP, Corporate Development and Partnerships, Flipkart.
TravClan plans to use the fresh capital to scale its platform, deepen its global supply relationships and expand its engineering, business development and operations teams.
“By contracting directly with suppliers and operating our own ground teams, we are able to offer competitive prices and deliver a consistent experience. This partnership with Flipkart allows us to take affordable travel products to millions of Indians as they embark on their international journeys,” said Arun Bagaria, Co-founder and CEO, TravClan.
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