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Flipkart Invests in Travel Tech to Expand Global Packages
5 Oct
Summary
- Flipkart has invested in B2B travel tech platform TravClan.
- This partnership aims to broaden international holiday package offerings.
- The investment enhances travel capabilities for Flipkart's platforms.
Flipkart has invested in TravClan, a global B2B travel technology platform, acquiring a minority stake in the company. This collaboration is designed to bolster Flipkart's international travel supply and expand holiday package options across its Cleartrip and Flipkart Travel platforms.
Nishant Verman of Flipkart highlighted the investment's role in enhancing the company's ability to offer international holiday packages and deepen its travel sector capabilities. TravClan's platform supports over 15,000 travel agents in customizing and booking travel packages, hotels, and activities, backed by 24/7 customer support.
The partnership will allow Cleartrip and Flipkart Travel to integrate TravClan's network and technology, offering customers a wider array of international holiday packages with on-ground assistance. Arun Bagaria, TravClan's CEO, noted India's growing outbound travel market and the opportunity to make international trips more affordable and reliable.
The funding will be utilized by TravClan to invest in global supply, enhance its technology, and expand its destination operations, supporting its scaling efforts and team growth.
