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Cleartrip is one of the leading online travel agencies. Launched in July 2006 with Hrush Bhatt as Founder & Director, Stuart Crighton as Founder and CEO and Samyukh Sridharan as President and Chief Operating Officer, this travel agency has climbed to the top in the segment of online travel related services. Cleartrip currently holds about 35% market share in the online travel segment and it has overtaken international travel majors.
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Cleartrip offers the complete suite of travel related services comprising of flight bookings anywhere in the world, hotel bookings, train bookings, bus bookings and travel packages. Cleartrip has tie ups with leading airlines, a large number of hotels worldwide, bus operators and is also an authorized train ticketing agent. In addition to offering discrete services, cleartrip also offers travel advisory and turnkey solutions for individuals and packages for businessman and groups for business, fun and vacationing anywhere in India and abroad.
From gross sales of Rs. 2.5 crores per day in 2008-2009 the company hopes to achieve 300% growth rate in the coming years. The site has over 100000 visitors each day with a conversion ratio of 5.5%, which translates to substantial revenues. Cleartrip sells about 25000 air tickets per month, 15000 room nights per month and has 1000 active customers at any given point in time. The investors in cleartrip.com are Concur technologies Inc, DAG Ventures, Gund Investment Corporation and Draper Fisher Jurvetson. Cleartrip is primarily focused on India operations with emphasis on business travel but offers its services worldwide through its traditional website as well as its mobile app. Cleartrip has a well deserved reputation for fair prices and transparent dealings with excellent quality of services. Customers can track their position. Corporate giants like TATA, Moserbaer, ICICI, Asian Paints and Bacardi trust cleartrip.