India, Sept. 30 -- Flipkart-owned online travel aggregator (OTA) startup Cleartrip's net loss declined 20% to INR 651.1 Cr in the financial year 2024-25 (FY25) from INR 810.3 Cr loss incurred in the previous fiscal year.

Cleartrip's operating revenue surged 70% to INR 169.2 Cr during the year under review from INR 99.7 Cr in FY24. Including an other income of INR 65.3 Cr, Cleartrip's total income for the fiscal year stood at INR 234.6 Cr.

The uptick came on the back of the hefty discounts given by the OTA to attract more customers. In FY25, Cleartrip gave INR 608.2 Cr worth of discounts as against INR 524.9 Cr in the previous fiscal.

If not for discounts, the startup's revenue would have been INR 777.3 Cr. In this, Cleartrip earned INR...