Flipkart to acquire online travel firm Cleartrip

Flipkart said on Thursday it has agreed to acquire online travel firm Cleartrip as the Walmart-owned e-commerce firm looks to expand its offerings in the world’s second largest internet market. The deal values Cleartrip, which raised about $75 million prior to the acquisition, at about $40 million, a person familiar with the matter told TechCrunch. […]...