Adani Group set to acquire train booking platform Trainman

Adani Digital Labs, a wholly owned subsidiary of the Adani Group, said on Friday that it is acquiring 100% equity in Stark Enterprises, that operates the online train booking platform Trainman.

“Adani Digital Labs Private Limited, a wholly owned subsidiary of the Company has signed a Share Purchase Agreement in relation to its proposed acquisition of 100% stake in Stark Enterprises Private Limited, also known as Trainman, an online train booking and information platform,” a stock exchange notification from the Adani Group read.

However, the financial details of the transaction were not disclosed.