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Flipkart Acquires Minority Stake In Travel Tech Startup TravClan To Scale Offerings

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Flipkart Acquires Minority Stake In Travel Tech Startup TravClan To Scale Offerings

Walmart-owned Flipkart picked up a minority stake in Delhi-based B2B travel tech startup TravClan to bolster its international travel offerings, expand holiday packages offered by subsidiaries Cleartrip and Flipkart Travel as well as enhancing on-ground support across. 

The ecommerce giant also aims to leverage the partnership to expand its own curated international leisure offerings by tapping into TravClan’s technology and partner network. 

On the other side of the table, the fresh capital infusion will support TravClan’s team expansion in business development, engineering, and destination operations, as well as allow for further investments in global supply, technology, and destination expansion. 

“Travellers today are looking for more than a flight or hotel booking. They want a holiday that is curated around their interests and supported throughout the journey. TravClan’s supplier network and destination capabilities will help us build that experience across Cleartrip and Flipkart Travel,” said Nishant Verman, Flipkart’s SVP, Corporate Development and Partnerships. 

Founded by Arun Bagaria, Chirag Agrawal, and Ashish Thapliyal in 2018, TravClan assists travel agents to build and grow online businesses. It works with over 15,000 travel agents to customise and book real-time packages, hotels, and activities. 

The startup’s cap table also includes angel investors like Cars24 cofounders Vikram Chopra and Mehul Agrawal and Trip.com’s Travis Katz, as well as institutional investors like Leo Capital. 

For Flipkart, the travel tech investment adds on to its push to build out its other business verticals beyond its flagship ecommerce platform. 

While the company has been eyeing new entries in the food delivery and the event ticketing industry, it has been aggressively doubling down on its quick commerce arm, Flipkart Minutes.


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