Cleartrip Limited is an online travel company that provides a comprehensive range of travel-related services. Founded in 2006, Cleartrip is headquartered in Mumbai, India, and operates in several countries including India, UAE, Saudi Arabia, and Egypt.
The company offers a user-friendly platform where users can search, compare, and book flights, hotels, trains, and activities. Cleartrip aims to simplify the travel booking process by providing a hassle-free experience to its customers.
Key features and services offered by Cleartrip include:
1. Flight Bookings: Users can search and book domestic and international flights, compare prices, and find the best deals. The platform also provides options for multi-city bookings, round trips, and one-way journeys.
2. Hotel Bookings: Cleartrip offers a wide selection of hotels, ranging from budget accommodations to luxury resorts. Users can search for hotels based on their preferences, read reviews, and make bookings with ease.
3. Train Bookings: The platform allows users to check train schedules, availability, and make bookings for Indian Railways. It also provides information on seat availability, train routes, and fares.
4. Activity Bookings: Cleartrip offers a variety of activities and experiences such as tours, attractions, adventure sports, and more. Users can explore and book these activities in their desired destination.
5. Travel Insurance: Cleartrip provides travel insurance options to ensure customers have a secure and worry-free journey. Users can choose from various insurance plans that offer coverage for medical emergencies, trip cancellations, baggage loss, etc.
6. Cleartrip for Business: Cleartrip offers business travel solutions tailored to meet the needs of corporates and business travelers. It provides tools for managing travel policies, expense management, and reports.
Cleartrip’s website and mobile app are designed to provide a seamless booking experience for customers. With a focus on customer satisfaction, the company strives to offer competitive prices, reliable services, and excellent customer support.
Overall, Cleartrip has established itself as a prominent player in the online travel industry, catering to the needs of individual travelers as well as corporate clients.
Awards of Cleartrip Limited
Cleartrip Limited has received several awards and recognition for its services in the travel industry. Here are some notable awards they have won:
1. “Best Mobile App for Travel and Leisure” – Cleartrip’s mobile app was recognized as the best in the travel and leisure category at the Mobexx Awards.
2. “Best Online Travel Agency” – Cleartrip has been honored multiple times as the best online travel agency by various organizations, including the CNBC Awaaz Travel Awards and the India Travel Awards.
3. “Most Innovative Company in the Travel and Hospitality Sector” – Cleartrip was acknowledged as the most innovative company in the travel and hospitality sector at the Future of India Awards.
4. “Website of the Year” – Cleartrip’s website has been awarded the “Website of the Year” accolade, highlighting its user-friendly design, functionality, and customer satisfaction.
These awards reflect Cleartrip Limited’s commitment to providing high-quality services, innovative solutions, and exceptional user experiences in the travel industry.
Milestones
Cleartrip Limited has achieved several significant milestones since its inception. Here are some notable milestones in the company’s journey:
1. Founded in 2006: Cleartrip was founded in 2006 by Stuart Crighton, Hrush Bhatt, and Matthew Spacie with the vision of simplifying travel bookings and providing a seamless user experience.
2. Expansion to International Markets: In the following years, Cleartrip expanded its services beyond India and entered international markets such as the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, and more.
3. Introduction of Mobile App: Cleartrip launched its mobile app, making it convenient for travelers to book flights, hotels, and activities on their smartphones, thereby enhancing accessibility and convenience.
4. Partnership with Other Travel Brands: Cleartrip established strategic partnerships with various airlines, hotel chains, and travel companies to offer customers a wider range of options and exclusive deals.
5. Introduction of Cleartrip for Business: Cleartrip introduced Cleartrip for Business, a platform catering specifically to corporate travel needs, providing tools for easy expense management and travel policy compliance.
6. Integration with Voice Assistants: Cleartrip Limited integrated its services with voice assistants like Amazon Alexa and Siri, enabling users to make bookings using voice commands.
7. Enhanced User Experience: Over the years, Cleartrip Limited has continuously improved its website and app interfaces, offering a user-friendly booking experience with features like real-time flight tracking, fare alerts, and personalized recommendations.
8. Transparent Pricing: Cleartrip Limited has emphasized transparent pricing, ensuring that customers are aware of all charges upfront, without any hidden fees.
9. Focus on Customer Support: Cleartrip places strong emphasis on providing excellent customer support, with 24/7 assistance through various channels, including phone, email, and live chat.
These milestones demonstrate Cleartrip Limited’s commitment to innovation, expansion, customer satisfaction, and improving the overall travel booking experience.
Balance Sheet of Cleartrip Limited
Operating Revenue | INR 1 cr – 100 cr |
EBITDA | -443.73 % |
Networth | -1,726.28 % |
Debt/Equity Ratio | -0.86 |
Return on Equity | N/A |
Total Assets | 154.64 % |
Fixed Assets | 127.18 % |
Current Assets | 167.37 % |
Current Liabilities | 247.65 % |
Trade Receivables | 159.52 % |
Trade Payables | 187.05 % |
Current Ratio | 0.67 |
Cleartrip Private Limited Annual Report 2018
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