Concur Invests an Additional $5.4 Million in India Booking Site Cleartrip
Photo Credit: Cleartrip has attracted an additional investment from Concur as Cleartrip ups its push into hotels and rail. Cleartrip
Skift Take
Concur still has only a minority stake in Cleartrip, but clearly Concur's $68.3 million total investment in Cleartrip shows that Concur considers Cleartrip and India as a strategic investment.
Concur Technologies invested an additional $5.4 million in the preferred stock of Cleartrip, the privately held India online travel agency, with Concur increasing its stake to 24.2% of the company.
The increased investment took place
