Concur Increases Stake In India’s Cleartrip, Buys Out Sherpalo and Kleiner

 Travel and expense management company Concur wants a bigger pie of the $3 billion Indian online travel market. The company has just concluded negotiations with Sherpalo Ventures and Kleiner Perkins to acquire additional stake in the Indian online travel startup Cleartrip. In April 2011, Concur had invested $40 million in Cleartrip, to tap into India’s booming online travel booking market,… Read More