India OTA acquires majority stake in Spain rail platform

Tuesday, 17 Feb, 2026 0

India based travel company Ixigo is making a strategic push into Europe with a majority stake in Spain’s Trenes rail platform.

A 60% stake has been agreed worth about €11.7 million.

Ixigo has retained an option to buy the remaining 40%.

Trenes is Spain’s second largest online rail booking platform.

Trenes is focused on the Spanish market and other parts of southern Europe.

“This investment is expected to create meaningful synergies by bringing together Trenes’ strong customer base, brand presence, and local operator integrations with Ixigo’s AI-led product innovation,” Ixigo said in a statement.

Ixigo says it plans to further Trenes’ product development and AI capabilities.

To enable this development, Ixigo also announced a 45.02% stake in Squad As Service, SL, Spain (Sqaas), which offers varied tech solutions and AI powered software.



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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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