New Delhi, Feb. 14 -- Marking its first major international acquisition, travel aggregator ixigo's board has approved the execution of binding agreements for the acquisition of a 60 per cent stake in Spain's second-largest train booking platform Online Travel Solutions, for 11.70 million euro (over Rs.125 crore).

The acquisition of Trenes paves the way for ixigo's strategic entry into Europe, widely regarded as the global benchmark for rail travel.

"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 and technological expertise in solving complex travel use cases at scale.

"With this acquisiti...