Friday, February 29, 2008 is the travel site has raised $18 million in Series C funding

What Company Is Says: is the travel site that gives you what you need without any annoying fluff. Making travel simple.

They made a list of some of the things they want to be:

Simple: Simplicity is a religion at Cleartrip. If they’re not the not the easiest place to search and book your travel, feel free to give them a piece of your mind.

Comprehensive: Part of making travel simple is presenting you with all the options for your trip. We’re working closely with suppliers to add more airlines and hotels to our search.

Reliable: Making travel simple implies making a travel site that just works and works. We still have the occasional hiccup, but being there for you, reliably, is very important to us.

Responsible: We take responsibility for what we give you. You won’t hear us making excuses for airlines or hotels or availability or prices. If we show you a price, we will honour it, come what may.

How Much They Got From VCs:
ClearTrip Travel Services, a Mumbai, India-based travel website operator, has raised $18 million in Series C funding, according to VC Circle. Draper Fisher Jurvetson led the round with $10 million, and was joined by The Mahindra Group and return backers Sherpalo Ventures and Kleiner Perkins Caufield & Byers. No mention of whether Series B lead DAG Ventures also participated.

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1 comment:

Anonymous said...

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