evidence: This investment in Trainman marks the Adani Group’s second foray into the travel booking and information segment. In October 2021, Adani Enterprises acquired a minority stake in Cleartrip Pvt Ltd, an online travel aggregator owned by Flipkart. While the initial description of SEPL by Adani Enterprises referred to it as an "online train booking and information platform", the company now describes it as an entity involved in "e-commerce and website development". This change in description caused some controversy last month when Congress general secretary Jairam Ramesh suggested that Adani’s acquisition of Trainman could potentially lead to a takeover of IRCTC, the Indian Railways’ ticketing and service arm. However, IRCTC issued a statement denying the allegation, explaining that around 14.5 lakh reserved tickets are booked daily in Indian Railways, with approximately 81 per cent being e-tickets processed through IRCTC itself. As a business-to-consumer (B2C) partner of IRCTC, Trainman contributes only 0.13 per cent of the total reserved ticketing. IRCTC emphasised that there is no competition between IRCTC and its agents, including Trainman, as they are integrated with IRCTC’s platform, ultimately benefiting customers by providing a seamless ticketing process.