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Cleartrip.com has launched a new website  their corporate travel customers in Cleartripforbusiness.com which is sort of a travel planner cum booking engine which is targetted to help corporates cut costs.
It allows corporates to book their domestic and International air tickets, hotels and Rail tickets and gives discounts of 5% on hotel bookings and 10% on [...]

The online travel segment has been one of the best performing in the e-commerce space in India and has been amongst the fastest growing as well. If a government driven portal can make money by the millions then surely there is no question about its scale and success. Recently, the sector has seen a flurry of activities including newer features, potential mergers, international deals, funding and even pink slips which strangely didn’t stuck out as a sore thumb. WATBlog decided to do a follow up of our much appreciated Bird’s eye view of the Indian online travel niche we covered in May.

Online travel is seeing some interesting news offlate. Right from launching of non flight services to going international to even laying off people due to the travel price hikes and slowdown in the economy. This space is seeing a downturn.
So here are the updates on all thats happening:

Cleartrip lays off 42 people - This news [...]

Firstly I don’t think many of the ‘travel’ portals that mainly sell tickets can be considered as ‘travel’ portals anyway. They are ticketing portals. Or rather they were. Some of them are changing their business models to grow beyond their existing revenue sources.
 
At a recent summit I spoke to Amitabh Pandey, the head of [...]

Jeevansaathi.com has introduced its brick-n-mortar retail store branded – Jeevansathi.com Match Point. It plans to open up 25-30 retail stores in 6 months. The first one has already come up in Lucknow.

Cleartrip recently got funding of 18.5 Million Dollars but just before they got that we were lucky enough to catch up with Hrush Bhatt for an exclusive interview with WATShow.
We questioned Hrush on the following:
1) What’s the differentiation between Cleartrip and other Online Travel Portals?
2) How important is logistics in online travel business?
3) Why did Cleartrip launch Rail Search?
4) What’s the idea behind the blog?
Wanna see this WATShow?
Click the link below: http://www.watshow.com/2008/03/18/exclusive-interview-with-hrush-bhatt-founder-cleartripcom/
You can also drop in your comments at WATShow.com

Talk about the roof giving way and a windfall of money falling from it and it just doesn’t stop raining money! Im sure if one were to visit the cleartrip office in mumbai a similar scene atleast in context of the news just in can be visualized. So more funding has come into the [...]

Most travel portals are catching up on the festival spree that starts right from the months Aug-Sept-Oct each year as the volume of travelers through Air, Road and Rail increases. The travel portals are coming out with a lot of discount offers such as Buy1-Get1 FREE or 50% cash back as a promotional tool which [...]

Cleartrip.com the sherpalo ventures funded travel site has launched an sms based service that aloows users to book tickets through their mobile phones. According to contentsutra Cleartrip has alliances with eight airlines, and to limit the length of the message, they’re restricting results to 8 deals and using airline display codes (example: DC for Air [...]