Adani set to acquire Trainman, online train booking platform

19 Jun 2023 , 02:25 PM

Adani Digital Labs, a subsidiary of Adani Enterprises Limited has expressed the intention to acquire the complete equity of Stark Enterprises (SEPL), the company behind the online train booking platform Trainman.

In a regulatory filing, the company informed that its wholly-owned subsidiary, “Adani Digital Labs Private Limited has signed a share purchase agreement in relation to its proposed acquisition of 100 per cent stake in Stark Enterprises Private Limited (SEPL), also known as Trainman, an online train booking and information platform.”

The company did not disclose the financial terms of the deal.

SEPL, based in Gurugram and founded by Vineet Chirania and Karan Kumar, both graduates from IIT-Roorkee, is an authorized start-up for train ticket bookings by IRCTC. The company operates as an all-in-one platform, offering a comprehensive solution for online train ticket booking.