Flipkart-Owned Cleartrip Enters Corporate Travel Space With Out Of Office Launch

SUMMARY

Cleartrip’s out of office is a corporate travel booking tool designed for small, medium and large enterprises

The platform, which houses around 300 SMEs and has 10 large corporations as active transactors, claims to handle a monthly business volume of INR 20 Cr

Founded by Hrush Bhatt, Matthew Spacie and Stuart Crighton in 2006, Cleatrip is an online travel aggregator that allows users to book flight tickets and hotels

Flipkart-owned online travel aggregator Cleartrip has rolled out a new product, Out of Office (OOO), marking its foray into the corporate travel space.

Cleartrip said in a statement that OOO is a corporate travel booking tool designed for small, medium and large enterprises. The platform, which houses around 300 SMEs and has 10 large corporations as active transactors, claims to handle a monthly business volume of INR 20 Cr.

With OOO, Cleartrip aims to scale up its corporate travel footprint to push its B2B growth.

OOO is a plug-and-play solution that adapts to organisational needs quickly. It can manage multiple booking behaviours (self-booking, travel desk booking) and multiple entities in a single instance. The platform’s early adopters include companies like The Federal Bank, Sify Technologies, MGM Healthcare, Sterlite Power Transmission Ltd and ACC Limited, the statement added.

“Unlike conventional platforms, OOO provides an end-to-end travel experience, user-centric interface, policy adherence and cost-effectiveness — all in one comprehensive package. OOO caters not just to the current demand surge but also helps redefine how businesses approach corporate travel,” said Ayyappan R, CEO of Cleartrip.

Founded by Hrush Bhatt, Matthew Spacie and Stuart Crighton in 2006, Cleatrip is an online travel aggregator that allows users to book flight tickets and hotels. It was acquired by Walmart-owned Flipkart in 2021 for $40 Mn in a distressed sale.

Cleartrip competes with the likes of Ixigo, EaseMyTrip, MakeMyTrip, and Ibibo.

It witnessed a nearly 2X jump in its net loss in the financial year ending March 31, 2023. The Bengaluru-based startup’s net loss surged 90% to INR 676.5 Cr in FY23 from INR 356.5 Cr in the previous financial year.