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Cleartrip launches online travel service

01-July-2006
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Cleartrip launches online travel service

Given the immense potential that the travel industry has, companies have started considering venturing into the online travel space as a lucrative option. The latest one to join the bandwagon is Cleartrip, which is headed by CEO Sandeep Murthy. The founding team includes Stuart Crighton, Hrush Bhatt and Matthew Spacie, who, with the senior management team collectively have over 50 years of experience in travel and online businesses. Cleartrip will commence its operations specialising in domestic travel.

Cleartrip’s website allows customers to select from over 900 domestic hotels across India and a comprehensive range of established network carriers and low cost airlines operating in the domestic market. In an effort to provide visitors with the best information possible, Cleartrip has created proprietary destination content, including restaurant and shopping information on 500 domestic destinations.

Said Murthy, “Cleartrip leverages technology to make the process of finding the right ticket or hotel room simple. With the advent of new air carriers and the increase in hotel capacity, customers will need an intuitive way to navigate the many choices available to them. We are passionate about our customers and have leveraged our deep understanding of the travel industry and technology to create the best end-to-end experience for all of our customers’ travel needs.”

Cleartrip is funded by Ram Shriram’s Sherpalo Ventures and Kleiner Perkins Caufield and Byers, two leading US-based venture capital firms. Commenting on the launch Ram Shriram said, “The Internet will play an important role in the planning and fulfillment of travel needs of consumer and business travelers alike. The Cleartrip team has effectively leveraged its legacy of expertise in travel and technology to be able to design and deploy a simple solution that will match customers with the best airline or hotel for their travel needs.”

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