livemint.com·1 min read·medium
Cleartrip aims for profitability by FY27 end as it cuts back on discounts
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Sowmya Ramasubramanian
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Cleartrip, an online travel agency owned by Flipkart, is pivoting its business strategy to focus on operational profitability by the end of the 2027 fiscal year. The company plans to move away from its previous reliance on heavy discounting to drive growth.
Cleartrip, the online travel agency (OTA) owned by Walmart-backed Flipkart Group, is targeting operational break-even by the end of the current financial year, chief business and growth officer Manjari Singhal told Mint in an interview, as it shifts away from the discount-led growth model the company has relied on in recent years.
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