India OTA acquires majority stake in Spain rail platform
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.
Related News Stories: Partner News - TravelMole
TravelMole Editorial Team
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.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025
Hands In, UATP join forces for airline multi-card payments