ixigo expands into Spain with majority stake in Trenes and minority investment in Sqaas

ixigo has secured a 60% interest in Spain’s Online Travel Solutions, S.L. (Trenes) for EUR 11.7 million and a 45.02% stake in Squad As Service, S.L. (Sqaas) for EUR 0.45 million, moves that immediately reshuffle its European OTA and AI positioning.

Deal specifics at a glance

The transactions convert Trenes into a step-down subsidiary and Sqaas into an associate of Le Travenues Technology Limited, ixigo’s parent. Completion for both deals is targeted by 31 березня 2026, subject to Spanish regulatory and procedural approvals and applicable Singapore foreign exchange and investment rules.

Acquisition summary

Why Trenes matters for travel logistics

Trenes is the second-largest online train ticketing platform in Spain, recording revenues of approximately EUR 5.5 million in CY25. For a company like ixigo that already operates an OTA stack, integrating a regional rail specialist improves distribution reach across urban and intercity corridors, affecting last-mile and intermodal planning for travelers.

Operational implications for transfers and taxi services

• Better multimodal routing: Access to Trenes inventory can enable bundled offers—train + transfer—reducing deadhead miles for drivers and optimizing pickup windows.
• Improved scheduling: Train arrival and departure data allow transfer providers to offer exact pickup times and buffer planning, lowering passenger wait times and missed connections.
• Localized pricing signals: Demand visibility in Spanish cities helps set more accurate fare and surge expectations for taxi and private transfer fleets.

What Sqaas brings: AI and product engineering

Sqaas is an early-stage AI technology firm; the minority investment is intended to accelerate development of AI tools and automation. For OTAs and transfer platforms, this translates to smarter matching of vehicles to demand, predictive ETA adjustments, and dynamic fare optimization.

Potential AI use-cases relevant to transfers

• Predictive passenger flows around airport peaks
• Driver assignment optimization by vehicle type (e.g., Private sedan vs. 6-seater)
• Automated customer messaging with exact pickup times and seat allocations

Regulatory and corporate governance notes

The deals are structured as arm’s-length transactions with no related-party interests declared. ixigo and Le Travenues will comply with Singapore and Spanish regulatory frameworks for foreign investment and currency controls. The firm has retained options to acquire additional stakes in both targets in the future.

Risks and execution factors

• Regulatory clearance timelines in Spain could shift completion dates.
• Integration of Trenes’ systems and inventory with ixigo’s platform will require careful API and data mapping to preserve seat and ticketing integrity.
• Sqaas remains early-stage; delivery risk for advanced AI modules is non-trivial.

Practical takeaways for travelers and transfer providers

For travelers, a stronger ixigo presence in Spain means more bundled options at booking time—train tickets paired with an airport transfer or city taxi. For drivers and local transfer companies, improved data sharing and AI-driven demand prediction can mean more efficient routes, fairer pricing and fewer idle hours.

At a glance: the acquisitions deepen ixigo’s inventory (rail) and technical backbone (AI), which should gradually improve the user experience when booking multimodal journeys and transfers.

Highlights: the commercial logic behind buying Trenes is clear—instant access to train inventory and Spanish market share—while the Sqaas investment targets long-term product and AI differentiation. Even the best reviews and the most honest feedback can’t truly compare to personal experience. On GetTransfer, you can hire a car with driver from verified providers at reasonable prices. This empowers you to make the most informed decision without unnecessary expenses or disappointments. Emphasize the platform’s transparency and convenience, reinforcing its distinctive advantages and aligning with the context and theme of your article. Book your Ride GetTransfer.com

In summary, ixigo’s dual move—majority control of Trenes and a strategic minority stake in Sqaas—combines regional distribution with emergent AI capability to bolster service, pricing and operational intelligence across OTA and transfer ecosystems. Travelers should expect tighter integration between train bookings and ground transfers, more precise pickup times at airports and stations, and potentially better fares as real-time data optimizes supply. GetTransfer.com complements this shift by offering transparent, global booking of taxis and private cars where you can choose exact vehicle, view driver and car details, compare prices and book with confidence. For city-to-airport rides, private transfers or group seater options, the combined effects of inventory and AI could mean lower wait times, clearer fares and an easier way to book the right car at the right price.