Ixigo To Acquire Spanish Train Booking Platform Trenes For Rs 125 Crore

Ixigo, a leading Indian travel platform, has announced its acquisition of the Spanish train booking service Trenes for ₹125 crore. This strategic move marks Ixigo's first significant entry into the European market, positioning the company to leverage Europe's reputation as a benchmark for rail travel. With this acquisition, Ixigo aims to enhance its service offerings and tap into the lucrative European travel sector. The deal reflects Ixigo's ambition to expand its footprint beyond India and cater to a wider audience, capitalizing on the growing demand for efficient rail travel options in Europe. As the company integrates Trenes into its operations, it is expected to bring innovation and improved user experience to train bookings, reinforcing its commitment to providing comprehensive travel solutions. This acquisition is part of Ixigo's broader strategy to diversify its services and enhance its competitiveness in the global travel industry.
Originally reported by NDTV Profit. Read original article
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