A travel boom is looming and Gautam Adani wants to be ready for it

Billionaire Gautam Adani’s Adani NSE 1.79 % Group is buying a stake in online travel aggregator Cleartrip Pvt Ltd. as domestic travel rebounds in India after pandemic-led movement curbs were eased.

Adani Enterprises Ltd., the group’s flagship, has agreed to acquire a “significant minority stake” in Cleartrip for an undisclosed sum, Adani said in an exchange filing. It expects the transaction to close in November.