Update: The Bombay High Court has squashed the plea by Travelocity. A Cleartrip spokesperson has stated, "The Bombay High Court today rejected the plea for an injunction petition filed by Travelocity against Cleartrip; which was part of the civil suit, seeking damages of US$ 37.5 million. We stay committed to the highest standards of transparency and integrity with respect to our customers and in everything we do."
Online travel service provider Travelocity has filed a suit against Indian travel booking site Cleartrip in the Bombay High Court claiming damages to the tune of $37.5 million ( Rs 167 crore). The suit has been filed last week by online travel agencies, Desiya and Travelguru both owned by Travelocity, the Press Trust of India reported.
Cleartrip, backed by Kleiner Perkins Caufield and Byers, Sherpalo Ventures, DAG Ventures and Draper Fisher Jurvetson, is one of the ?????? top three online travel agencies in India.
The primary accused in the case are Stuart Crighton, CEO of Cleartrip, and Amit Taneja, promoter of Desiya Online Travel Distribution Pvt Ltd, a firm acquired by Travelocity two years ago.
The allegations made by the online travel agency Travelocity against the Cleartrip management had expanded to criminal breach of trust, data theft, collusion, abetment, misappropriation, money laundering and criminal conspiracy.
Travelocity.com is part of the Sabre Holdings group, which also owns Travelguru, Zuji and the Sabre booking & travel technology platform. Travelocity acquired DV Travels Guru Pvt Ltd and Desiya Online Travel Distribution Pvt Ltd in August 2009 for its hotel business.
Travelocity is based in Dallas/Forth Worth, Texas and operates multiple businesses catering to customers domestically in North America and internationally, offering a large number of web sites in 12 languages. It has a further 44,000 affiliates in 40 countries and has provided $10.1 billion (over Rs 47,000 crore) worth of travel services since inception in 2006.