M&A Deal Summary |
|
|---|---|
| Date | 2022-02-21 |
| Target | Cleartrip - Middle East Business |
| Sector | Internet Software and Services |
| Buyer(s) | Wego |
| Sellers(s) | Cleartrip |
| Deal Type | Divestiture |
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Wego is an online travel marketplace in the Middle East and North Africa (MENA) region and provides award-winning travel search websites and top-ranked mobile apps. Wego was founded in 2005 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Internet Software and Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Saudi Arabia) | 1 of 1 |
| Year (2022) | 1 of 1 |
Cleartrip ushers in a refreshingly simple approach to travel, by offering its customers the single most comprehensive travel experience through its mobile and desktop solutions. Through its intuitive products, coupled with the largest selection of flights and hotels, Cleartrip continues to keep customers at the center of everything it does. It is a global travel tech company of scale to offer travelers an opportunity to discover and engage in hyperlocal leisure activities. Cleartrip was formed in 2005 and is based in Mumbai, India.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Internet Software and Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Saudi Arabia) | 1 of 1 |
| Year (2022) | 1 of 1 |
