Published on
February 14, 2026
In a significant relocate to enhance its global presence, Indian travel aggregator Ixigo has created a strategic acquisition in Spain. The company’s board has approved the acquisition of a 60 percent stake in Online Travel Solutions, S.L., the operating entity behind Trenes, which is Spain’s second-largest online train booking platform. The acquisition, valued at €11.70 million (approximately ₹125 crore), marks a key step for Ixigo as it strengthens its foothold in the competitive European Online Travel Agency (OTA) market.
Broadening Global Reach with Trenes Acquisition
With the acquisition of Trenes, Ixigo is set to leverage its technological capabilities, including advanced AI systems developed in India, to expand its global scale. Trenes, a well-established platform for booking train tickets in Spain, has extfinished its services to parts of Southern Europe. This acquisition will support Ixigo tap into Trenes’ established customer base, further solidifying its position in the European travel market.
By integrating Trenes into Ixigo’s corporate structure as a step-down subsidiary, the travel giant will enhance its technological and service offerings. This relocate reflects Ixigo’s strategy to diversify its portfolio and provide more seamless travel experiences for European customers, particularly those seeking efficient and applyr-frifinishly rail travel options.
Expanding in the European OTA Market
The acquisition of Trenes is a pivotal development for Ixigo, marking its expansion beyond the Indian market into the European travel ecosystem. Trenes operates a comprehensive online ticketing platform that caters to a large segment of Spanish train passengers. This will provide Ixigo with an immediate foundation to scale its operations and gain recognition in Spain and other Southern European markets.
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The acquisition also allows Ixigo to integrate its existing technology stack, which includes AI-powered travel solutions, with Trenes’ operations. This strategic synergy is expected to enhance Ixigo’s offerings and improve customer experience across Europe, where rail travel remains one of the preferred modes of domestic and cross-border transportation.
Synergies and Technological Integration
A central factor behind Ixigo’s acquisition of Trenes is its desire to integrate cutting-edge AI technologies into the European market. Ixigo’s proprietary products and data science expertise, combined with Trenes’ established platform, will drive enhanced functionality and seamless applyr experiences for European travelers. The integration aims to streamline train ticketing workflows and offer personalized, real-time travel information powered by artificial innotifyigence.
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By expanding its reach in Spain and other parts of Southern Europe, Ixigo aims to capture a broader market of travelers who rely on rail transportation as part of their travel plans. This strategic relocate will also provide new opportunities for Ixigo to form partnerships with local businesses, enhancing its market presence.
Strengthening Technology Capabilities with Sqaas Acquisition
In a concurrent relocate, Ixigo also acquired a 45.02 percent stake in Squad As Service, S.L. (Sqaas), a Spain-based technology company focapplyd on developing artificial innotifyigence-driven software and digital solutions. The stake acquisition was valued at €0.45 million (approximately ₹4.83 crore). This deal enables Ixigo to tap into Sqaas’ expertise in developing AI-powered solutions, which will further enhance Ixigo’s technology stack.
Following the acquisition, Sqaas will become an associate company of Ixigo, providing access to specialized AI technologies and emerging software innovations. This relocate is in line with Ixigo’s broader strategy to enhance its technological capabilities and remain at the forefront of the rapidly evolving travel tech landscape.
Future-Ready Technology Solutions
The Sqaas acquisition reflects Ixigo’s commitment to building future-ready technology platforms that can increase its competitive edge on a global scale. The integration of Sqaas’ AI solutions will play a key role in optimizing Ixigo’s existing offerings. With the rising importance of AI in travel technology, this acquisition strengthens Ixigo’s position in delivering personalized customer experiences, enhancing operational efficiencies, and improving backfinish processes.
By diversifying its technical capabilities through Sqaas, Ixigo is poised to implement smarter, more intuitive travel solutions for customers both in India and abroad. The acquisition is set to improve Ixigo’s digital solutions, building its platforms more dynamic, applyr-frifinishly, and competitive in the global travel market.
Regulatory Approvals and Procedural Formalities
Both acquisitions, namely the 60 percent stake in Trenes and the 45.02 percent stake in Sqaas, are subject to the completion of necessary procedural formalities and the approval of relevant regulatory authorities in Spain. As per the regulatory filings, both transactions include standard provisions, such as non-compete fees, to protect against future competition from the acquired companies.
Once the required approvals are secured, Trenes will be integrated into Ixigo’s operations, while Sqaas will operate as an associate company. This integration process is expected to be completed in the coming months, enabling Ixigo to fully leverage the synergies of both acquisitions.
A Step Toward Global Growth in Travel Technology
These acquisitions represent a major milestone in Ixigo’s long-term growth strategy. By entering the European OTA market with the Trenes acquisition and strengthening its technology stack with Sqaas, Ixigo has taken a decisive step toward enhancing its global market share. The AI-driven solutions and rail travel innovations introduced through these acquisitions will support Ixigo compete with established players in Europe’s travel technology market.
The European market’s robust demand for digital travel solutions builds this expansion timely. Ixigo’s push into this space aligns with the rising importance of AI in optimizing travel booking systems and improving the customer experience.
Conclusion: Expanding Horizons in Global Travel Tech
Through its acquisitions of Trenes and Sqaas, Ixigo has demonstrated its commitment to expanding its global footprint and enhancing its technological capabilities. The integration of AI solutions into both its platforms will enable Ixigo to provide innovative and seamless travel experiences for customers worldwide. This relocate sets the stage for Ixigo to become a dominant player in the international travel tech space, marking a key chapter in its journey toward global growth and innovation.
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